Roan v. Union Central Life Insurance
This text of 182 S.E. 21 (Roan v. Union Central Life Insurance) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
1. “A married, woman may borrow money for tlie purpose of paying debts of her husband, and give her note and mortgage therefor; and such a contract will be binding upon her, although the lender may know, at the time the loan is made, that she is borrowing it for this purpose, if he is not the husband’s creditor who is to be thus paid, and is no party to any arrangement or scheme between the husband and wife of which the borrowing of the money by her for such purpose is the outcome.” Braswell v. Federal Land Bank of Columbia, 165 Ga. 123 (3) (139 S. E. 861), and cit.; Saxon v. National City Bank of Rome, 169 Ga. 784 (2) (151 S. E. 501).
2. “A husband and wife may legally enter into a'joint contract or undertaking the consideration of which passes to them jointly, and in that event the wife will be bound.” Braswell v. Federal Land Bank of Columbia, supra, and cit.
3. Under the evidence, the loan obtained and the security deed executed therefor constituted a joint undertaking by petitioner’s husband and herself, and she was not in the position of a surety. The court did not err in denying an injunction.
Judgment affirmed.
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Cite This Page — Counsel Stack
182 S.E. 21, 181 Ga. 335, 1935 Ga. LEXIS 82, Counsel Stack Legal Research, https://law.counselstack.com/opinion/roan-v-union-central-life-insurance-ga-1935.