143 Ga. 55 | Ga. | 1915
The owner of a certain tract of land, on January 24, 1911, entered into a contract leasing the land to certain tenants for a period of three years, commencing January 1, 1912. As provided in that contract, notes for the annual rent of the premises were given by the tenants. On May 12, 1911, that is, subsequently to the execution of the rent contract and prior to the commencement of the period for which the premises were leased, the owner executed a warranty deed containing a power of sale, conveying to a creditor of hers, for the purpose of securing a debt, the lands rented as stated above. On July 12, 1912, and before the maturity of the crops on said rented land for that year, by virtue of the power of sale the grantee in the deed conveyed the land to one Charles Ball, the latter thereby acquiring' all the right and title to the land of the owner first referred to. Prior to the execution of the warranty deed containing the power of sale the owner of the land, the payee in the rent notes, transferred the notes to the Citizens Bank of Rome, the defendant in error in this case. In October, 1912, the tenants, apprehending that Ball, the plaintiff in error, the purchaser of the land, would insist upon collecting the rent for the year 1.912, and that the bank, the holder of the rent notes, would claim the right to enforce the same for the rent, filed a petition for injunction and interpleader against the plaintiff in .error and the defendant in error, offering, to turn
Judgment reversed.