Palmer v. Bankers Trust Co.

Court of Appeals of Georgia

Palmer v. Bankers Trust Co.

121 S.E. 520, 31 Ga. App. 580, 1924 Ga. App. LEXIS 73

CourtCourt of Appeals of Georgia

DecidedFebruary 8, 1924

Docket14757

StatusPublished

This text of 121 S.E. 520 (Palmer v. Bankers Trust Co.) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Palmer v. Bankers Trust Co., 121 S.E. 520, 31 Ga. App. 580, 1924 Ga. App. LEXIS 73 (Ga. Ct. App. 1924).

Pincite

Opinion

Stephens, J.

1. A transferee in possession of a promissory note properly transferred to him by the payee is presumably the owner and holder of the legal title thereof.

2. In a suit by the transferee against the maker, where the genuineness of the indorsement is not denied by the defendant, the note is properly admitted in evidence without proof of the execution of the indorsement.

3. Where -in such a suit the defendant admitted the execution of the note, and there was no evidence.in support of any legal defense, a verdict for the plaintiff was properly directed.

Judgment affirmed.

Jenldns, P. J., and Bell, J., concur.

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