Case ID: ga-app_29/html/0095-01.html
Source: Caselaw Access Project
Author: {"author": "Bell, J.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

13146, 13147.
    Kennedy et al. v. Dexter Banking Company; and vice versa.
    
    Decided September 23, 1922.
    Action for damages; from Laurens superior court — Judge Kent. October 27, 1921.
    (?. C. Bidgood, Larsen & Crockett, Hines & Jordan, for plaintiffs. ' '
    
      8. C. New, M. H. Blackshear, for defendant.
   Bell, J.

Where property .has been pledged to secure a debt and is wrongfully sold by the pledgee, who, nevertheless applies a part of the proceeds to the payment of the debt and tenders the balance to the pledgor as a settlement of their respective rights in the property, an acceptance by the pledgor of the sum tendered, with full knowledge at the time of all the facts, will be held a ratification of the sale, although such acceptance was under protest; the pledgee not having at the time agreed that such acceptance might be made without prejudice. The action was in trover, and the court did not err in granting a nonsuit. Reynolds Banking Co. v. Neisler, 130 Ga. 789 (61 S. E. 828); Stanley v. City of Glennville, 140 Ga. 306 (2a) (78 S. E. 1064).

Judgment on the main bill, of exceptions affirmed; cross-bill dismissed.

Jenkins, P. J., and Stephens, J., concur.