Case Name: Napier v. Bank of LaFayette
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1924-02-28
Citations: 31 Ga. App. 703
Docket Number: 14545
Parties: Napier v. Bank of LaFayette.
Judges: Jenkins, P. J., and Bell, J., concur.
Reporter: Georgia Appeals Reports
Volume: 31
Pages: 703–704

Head Matter:
14545.
Napier v. Bank of LaFayette.
Decided February 28, 1924.

Opinion:
Stephens, J.
1. A written transfer by the payee of a promissory note in which title to personalty is reserved as security for the payment of the note carries with it a transfer to the transferee of the title to the property. This is true although the indorsement is in blank. Jordan Mercantile Co. v. Brooks, 149 Ga. 157 (99 S. E. 289); Hooper v. Bank of Hiawassee, 29 Ga. App. 459 (116 S. E. 32).
2. This being a suit by such a transferee against the maker, to recover in trover the personalty referred to, and the defendant having set up in his plea a failure of consideration, and it appearing that he was in possession of the property at the commencement of the action, no demand was necessary. Civil Code (1910), § 4483; Muse v. Wright, 103 Ga. 783 (30 S. E. 662).
Judgment affirmed.
Jenkins, P. J., and Bell, J., concur.
Trover; from Catoosa superior court—Judge Tarver. February 24, 1923.
McClure & McClure, W. D. Mann, for plaintiff in error.
Norman Shattuclc, Rosser & Shaw, contra.