Case Name: Laurens Banking Company v. Bales
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1908-03-30
Citations: 4 Ga. App. 142
Docket Number: 985
Parties: Laurens Banking Company v. Bales.
Judges: 
Reporter: Georgia Appeals Reports
Volume: 4
Pages: 142–142

Head Matter:
985.
Laurens Banking Company v. Bales.
Trover, from city court of Dublin — Judge Burch. December 20, 1907.
Argued March 11,
Decided March 30, 1908.
Davis & Adams, for plaintiff. Peyton L. Wade, for defendant.

Opinion:
Powell, J.
"An unconditional assignment of a note given for the purchase of personalty, wherein the seller retains title to the property sold until the pm-chase-money is paid, does not extinguish the security, but carries it along, and the title retained by the seller becomes vested in the assignee until the purchase debt is paid." Townsend v. Southern Product Co., 127 Ga. 342 (56 S. E. 436). Judgment reversed.