Case Name: Kennedy et al. v. Dexter Banking Company; and vice versa
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1922-09-23
Citations: 29 Ga. App. 95
Docket Number: 13146, 13147
Parties: Kennedy et al. v. Dexter Banking Company; and vice versa.
Judges: Jenkins, P. J., and Stephens, J., concur.
Reporter: Georgia Appeals Reports
Volume: 29
Pages: 95–95

Head Matter:
13146, 13147.
Kennedy et al. v. Dexter Banking Company; and vice versa.
Decided September 23, 1922.
Action for damages; from Laurens superior court — Judge Kent. October 27, 1921.
(?. C. Bidgood, Larsen & Crockett, Hines & Jordan, for plaintiffs. ' '
8. C. New, M. H. Blackshear, for defendant.

Opinion:
Bell, J.
Where property .has been pledged to secure a debt and is wrongfully sold by the pledgee, who, nevertheless applies a part of the proceeds to the payment of the debt and tenders the balance to the pledgor as a settlement of their respective rights in the property, an acceptance by the pledgor of the sum tendered, with full knowledge at the time of all the facts, will be held a ratification of the sale, although such acceptance was under protest; the pledgee not having at the time agreed that such acceptance might be made without prejudice. The action was in trover, and the court did not err in granting a nonsuit. Reynolds Banking Co. v. Neisler, 130 Ga. 789 (61 S. E. 828); Stanley v. City of Glennville, 140 Ga. 306 (2a) (78 S. E. 1064).
Judgment on the main bill, of exceptions affirmed; cross-bill dismissed.
Jenkins, P. J., and Stephens, J., concur.