Parrish-Chambers Buick Co. v. Seay
Parrish-Chambers Buick Co. v. Seay
Opinion of the Court
Opinion of the Court by
Reversing.
The question upon this appeal is,- whether the general order of attachment issued by the trial court in favor of appellant, Parrish-Chambers Buick Company, and
The trial court, after hearing the evidence, decided that the mortgage was valid and given for a valuable consideration and, therefore, superior to the attachment lien which was created after the date of the mortgage. We have read the evidence with a great deal of care, especially have we given careful attention to the evidence of appellee, W. D. Seay, and his brother,-Ed. Seay. The former claims that the mortgage upon which he relies was given to him by his brother for many loans to his brother made at different times, through several previous years. He, however, is not able, so he testifies, to give the date of any loan which he made to his brother Ed. In fact, he is very hazy upon the whole subject. The only thing about which he is positive is that he loaned money to his brother, amounting, as he says, to $2,000.00; that he took due bills or notes from his brother for the different sums he let him have, and after making a number of loans to his brother and taking due bills they had a settlement and he discovered that Ed. owed him $2,000.00 or more, whereupon Ed. gave him a note for $2,000.00 on June 20, 1920; that this note was secured by mortgage on December 8, 1921, on the automobile. He further testifies that he gave some of the money loaned by him to his brother by check, but most of it by currency; that he had destroyed all his checks about two months before he gave his deposition; that he had about a thousand canceled checks in his trunk and they were in his way and he destroyed them; that he had also destroyed the due bills and notes which his brother had given him and which were taken up on June 20, 1920, when the note in question was executed. The note bears a credit of $120.00 as of June 20, 1921. This is explained by both W. D. and Ed. Seay as a payment of interest upon the $2,000.00
The learned chancellor below, while expressing doubt as to the correctness of his ruling, held the note and mortgage valid and superior to the attachment lien of the Buick Company. We think this was error. He should have sustained the claim of the Buick Company and enforced its lien against the automobile. In other words, he should have held the note and mortgage fraudulent and void, and enforced the attachment lien of the Buick Company, if it were regular.
Upon a return of the case to the loAver court a judgment will be entered in conformity to this opinion.
Judgment reAmrsed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.