First State Bank v. Herrington
First State Bank v. Herrington
26 Ga. App. 35; 105 S.E. 316; 1920 Ga. App. LEXIS 251
First State Bank v. Herrington
Opinion of the Court
1. Where a promissory note payable one day after date is brought by a third person after it is due, the buyer does not occupy the position of an innocent purchaser, but takes the note subject to all the equities between the original parties. Civil Code, (1910), ยง 4287; Beall v. Leverett, 32 Ga. 105 (79 Am. Dec. 298).
2. Under the above ruling and all the particular facts of the instant case, the oourt did not err in directing a verdict for the defendant.
Judgment affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.