CORDELE BANKING CO. v. POWERS

21529.

217 Ga. 616 (1962)

124 S.E.2d 275

CORDELE BANKING COMPANY v. POWERS.

Supreme Court of Georgia.

Decided February 8, 1962.


Attorney(s) appearing for the Case

Wright & Reddick, for plaintiff in error.

John R. Rogers, contra.


QUILLIAN, Justice.

1. The bank contends that it was empowered under the drag-net clause of the deed Mrs. Mattie Powers and her husband, Jack Powers, executed to secure the payment of a note they both signed to sell under a power of sale contained in the deed, a one-half interest of the land therein described as property of Jack Powers to satisfy notes which he alone owed the bank, as against a deed of gift Powers had subsequently made to his wife.

The drag...

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