Case Name: Parker-McCaskill Furniture Co. v. Saint Pasteur
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1922-09-23
Citations: 29 Ga. App. 86
Docket Number: 13018
Parties: Parker-McCaskill Furniture Co. v. Saint Pasteur.
Judges: Jenlcms, P. J., and Bell, J., eonew.
Reporter: Georgia Appeals Reports
Volume: 29
Pages: 86–86

Head Matter:
13018.
Parker-McCaskill Furniture Co. v. Saint Pasteur.
Decided September 23, 1922.
Complaint; from city court of Bainbridge — Judge Spooner. September 27, 1921.
W. V. Custer, for plaintiff in error.
John B. Wilson, H. C. Harrison, contra.

Opinion:
Stephens, J.
1. The defense of failure of consideration can not be set up against a bona fide purchaser of a negotiable instrument for value before maturity without notice of such defense.
2. One in possession of negotiable paper indorsed in blank by the payee thereof is prima facie the holder of the legal title thereto.
3. This being a suit by the transferee of certain negotiable instruments designated as trade acceptances, applying the above principles the court did not err in ruling upon objections to testimony, or, under the undisputed testimony, in directing a verdict for the plaintiff.
Judgment affirmed.
Jenlcms, P. J., and Bell, J., eonew.