Case Name: Guardian Life Insurance Company v. Collins et al.
Court: Supreme Court of Georgia
Jurisdiction: Georgia
Decision Date: 1934-09-15
Citations: 179 Ga. 444
Docket Number: No. 10073
Parties: Guardian Life Insurance Company v. Collins et al.
Judges: All the Justices concur.
Reporter: Georgia Reports
Volume: 179
Pages: 444–446

Head Matter:
Guardian Life Insurance Company v. Collins et al.
No. 10073.
September 15, 1934.

Opinion:
Atkinson, J.
He who would have equity must do equity and give effect to all equitable rights in the other party respecting the subject-matter of the suit. Under application of this maxim, before a borrower who has executed a deed to secure debt can have affirmative equitable relief ' such as the setting aside of a sale by the creditor under the exercise of a power contained in a security deed, such debtor must pay or tender the creditor the principal and interest due to him. Biggers v. Home Building & Loan Asso., ante, 429, and cit. Applying to the pleadings the principles stated above, whether or not the sale was unlawful because conducted as a private sale, the petition was subject to demurrer on the ground that no tender of the amount had been made by the plaintiffs. Consequently the petition failed to allege a cause of action, and the judge erred in overruling the demurrer.
Judgment reversed.
All the Justices concur.
Haas, Gambrell & Gardner and Charles D. Hurt, for plaintiff in error.
Pearce Matthews, contra.