Trice v. Rose

7 S.E. 109, 80 Ga. 408
Supreme Court of Georgia·Decided July 11, 1888·Published·Cited by 9 cases

Opinion

Simmons, Justice.

It appears that at the February term, 1875, of Baldwin superior court, Lucinda A. Trice, executrix of E. Trice, deceased, obtained a judgment against Nathan McGehee for the sum of $877.20, principal, with interest and' costs. Execution was issued on this judgment in April, 1875, and this execution was levied upon 269 acres of land as the property of Nathan McGehee, in March, 1885. In April, 1885, H. M. Rose filed a claim to said land. At the same term of the court, he filed a bill in equity in aid of his [410] claim case; wherein he alleges that on the 20th of August, 1872, he became security for Nathan McGehee on a promissory note given by said McGehee to Sibley & Son, for $2,507.11, and in order to protect him from any loss he might sustain by reason of his suretyship for said McGehee, McGehee made and executed to him a mortgage upon the land levied upon. He further alleges that when said note became due, McGehee was unable to pay it, and that he, as security, was compelled to pay off said note in January, 1873; that McGehee, being insolvent and having nothing 'but the land on which he had given the mortgage to Rose, sold and conveyed said land to Rose, in January, 1873, at and for the price of $2,507.11, which was a full and fair price for the land, and that at that time he finally and fully discharged the said McGehee from all liability to him on account of the money paid on said note; that at the time of the purchase he took no deed or written evidence of title to the land, because he thought the mortgage was sufficient title thereto, but that he went immediately into possession of said land, and remained in possession, exercising acts of ownership and control over the same from 1873 up to the-present time; that about that time, he was advised by a competent and skilful attorney that, in order to protect and perfect his title to the land, it would be necessary for him to foreclose the mortgage on the same, and acting upon this advice he employed said attorney, and at the February term, 1873, obtained a rule nisi to foreclose said mortgage, and the rule was made absolute at, the August term-, 1873, and execution was issued thereon; that he afterwards used the execution with various creditors as collateral security, transferring the execution to said creditors ; that whenever he did so use it, he always informed said creditors of his ownership and possession of, said land. He further alleges, that if the judgment of Trice was ever a lien upon this land, the land was discharged from said lien, because he was a tona fide purchaser of said property, and had been in possession for [411] ten years before the levy was made. He asked a decree perpetually enjoining said fi. fa. from proceeding against said land, and in case the court would not grant him that relief, he asked a decree against Nathan McGehee for’ the sum of $2,500 with interest, and that this decree might be a superior lien to Trice's judgment. The answer of Mrs. Trice simply denied all the material allegations in the bill.

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Trice v. Rose, 7 S.E. 109, 80 Ga. 408 (Ga. 1888).

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