Court Opinion

ID: 5586164
Source: CourtListenerOpinion
Date Created: 2022-01-11 01:54:08.110996+00
Date Added: 2024-06-11T08:36:15.230382
License: Public Domain

*432ON MOTION ROB REHEARING.
A rehearing is asked in this case, for the alleged reason that this court has misconceived the record in treating Hinkle as the immediate transferee of a debtor whose property is transferred in fraud of creditors, rather than as the purchaser from or transferee of one who has fraudulently purchased the property of another. It is insisted that the court overlooked the following decisions which are controlling as authority, and which would require a different judgment from that rendered, viz.: Hinkle v. Smith, 133 Ga. 255 (65 S. E. 427), wherein it was decided that “It was error to charge that a subsequent purchaser of the property from such fraudulent grantee acquires no title as against such creditors, if he has grounds to reasonably suspect the fraud in the conveyance to his grantor.” Warren v. Citizens National Bank, 145 Ga. 503 (89 S. E. 520), in which the Hinkle case was cited and discussed and unanimously affirmed. It is also insisted that this court has misconceived and misconstrued Civil Code § 3224 (2), and has overlooked the construction placed thereon in the two eases herein above cited.
This court neither overlooked the section of the code cited, nor the decisions construing that section, but on the contrary had them in mind when the opinion was prepared; and this court had no intention to run counter to either the section of the code or the decisions of this court construing that section. In fact this court, under the record in this case and the evidence as disclosed by the' record, has not done so. It was alleged in the petition that in the alleged fraudulent transaction the company, Ryan, Herbert, and Kimbell, were the agents of the defendant, who received the ■fruits thereof; and that the defendant, Dr. Hinkle, had confederated and conspired with the company to defraud and deprive the plaintiff of his bonds. The plaintiff, Hixon, testified in part: “My bonds were registered bonds, and Dr. Hinkle came down there after I got this note from the bank. I not only notified the bank, but I caveated the bonds in Washington. The bank said it was going to forward them at the request of Dr. Hinkle, to have them exchanged for coupon bonds, and I caveated them by wire, so as to catch them when they got there. Soon after I got that letter from the bank Dr. Hinkle came to Americus, Georgia, in a little while to see me. He had a folder with a lot of papers in it, and *433said that I had caveated the bonds. Eyan agreed to bring the bonds back to me if he had to buy them, but he did not do it. I never had any idea that Dr. Hinkle had any interest in it. Dr. Hinkle had seen me, and wrote me a letter a time or two, and every time he would see me he would bring up the Mobile Tractor stock, saying how much he was going to make, that it was the first thing of the kind in the south, and he had invested five or six thousand dollars and he was going to invest so much more, and that was after Mr. Camp had seen me, and he ’phoned me once, and wrote me once or twice, encouraging me to buy the stock of the Mobile Tractor Co., and he talked to me and ’phoned me; and I did not suspect until I got that notice from bank that he had anything to do with that transaction. I was surprised when I got that notice to find that he had bonds there, or my bonds there, and what I did brought him to Americus with his folder. And he says, ‘I need my bonds. I am in a tight, and I come to see if you would not release the caveat;’ and they were my bonds, they were bought under the contract; and he says, ‘I have put the cards on the table,’ and showed me bis contract; and I says, ‘You mean they were representing you?’ and he says, ‘Yes, here is the contract, and it was my stock, the damn buggers, it was my stock all the time;’ and then I realized why he had been boosting up this stock, and I says, ‘Doctor, I hate to see you lose anything, but those are my bonds, and I am going to have them if I can get them.’” So, it appears that there was evidence from which it might be inferred that Hinkle must have had actual notice of all that transpired; for he was the real party at interest, and not merely the transferee of the vendor. The charge of the court was therefore proper, and not in conflict with Hinkle v. Smith, or Warren v. Citizens National Bank, supra. In view, therefore, of the record, the motion for rehearing must be denied.