Case Name: First National Bank of Blakely et al. v. Park, receiver
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1917-05-03
Citations: 20 Ga. App. 42
Docket Number: 7939
Parties: First National Bank of Blakely et al. v. Park, receiver.
Judges: Jenkins and Bloodioorth, JJ., concur.
Reporter: Georgia Appeals Reports
Volume: 20
Pages: 42–42

Head Matter:
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.

Opinion:
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.