Case ID: ga-app_20/html/0042-01.html
Source: Caselaw Access Project
Author: {"author": "Broyles, P. J.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

7939.
    First National Bank of Blakely et al. v. Park, receiver.
    Decided May 3, 1917.
    Trover; from city court of Blakely—Judge Sheffield. October 20, 1916.
    
      Yeomans & Wilkinson, L. M. Rambo, for plaintiffs in error.
    
      Glessner & Collins, contra.
   Broyles, P. J.

This was a suit in trover, brought by the receiver of the Bank of Blakely to recover certain notes transferred by the Bank of Blakely as collateral security for its cashier’s check for $1,989, previously given to the Birmingham Fertilizer Company, which was made a eodefendant in the suit. Under the facts of the case, before the plaintiff was entitled to reeovei-, it was incumbent upon him to show, among other" things: (1) that the bank made the transfer of the notes after its insolvency, or in contemplation of such insolvency; (2) that the transfer was made with the intent to create a preference, and (3) that the Birmingham Fertilizer Company was not an innocent pui-chaser for value without notice or knowledge of the condition of the bank. Civil Code (1910), § 2360. As to these issues the evidence did not demand a finding for the plaintiff, and the court, therefore, erred in • directing a verdict in his favor.

Judgment reversed.

Jenkins and Bloodioorth, JJ., concur.