68 Ga. 718 | Ga. | 1882
Plaintiffs in error brought their bill in equity in Hall superior court to recover a tract of land containing six hundred acres, known as the “ Limestone Spring tract ” originally,.now as “New Holland Springs,” lying in Hall county.
Further, it appears, and is so alleged, that W. H. Bonner, on the fifth day of April, 1871, by deed duly, recorded, sold and conveyed for.the consideration of $3,600.00 “the Limestone Spring place”- to Thomas Alexander and Edward W. Holland, the bill charging and alleging that at the time of said sale and conveyance the purchaser, Holland, knew and was so informed that the property was the trust property of complainant, and the same was by him bought with full notice of the trust. That some time
During the trial, the respondents offered and read in evidence a record of certain proceedings in Gordon superior court, by which it appeared that one Dennis Johnson had sold to W. H. Bonner a valuable tract of land in Gordon county, for which W. H. Bonner was to pay him $12,500.00. That Bonner paid $5,000.00 and accepted from Johnson a bond conditioned to make titles on payment of balance of the purchase money. That for said balance Johnson sued, and having received nearly one-half of the balance remaining unpaid from the proceeds of the sale of said “Limestone Spring place,” judgment was rendered in favor of Johnson against Bonner for the balance still due, $4,142.45. That a fi. fa. issued on said judgment and was transferred to J..M. Harlan and others, and was levied on the lands in Gordon county, when the complainants in this case filed a bill in Gordon superior court against W. H. Bonner, J. M. Harlan, and others, charging that all the payments made by said Bonner on said Gordon county property were made in the trust funds of complainants, and specifically alleging that the proceeds of the sale of the “Limestone Spring tract” were paid to Johnson on account of the purchase of the Gordon county lands. The bill further charged fraud and knowledge on the part of defendants that the trust funds were used by Bonner in said purchase, etc. The prayer was for an injunction, etc. Afterwards a decree was rendered on said Gordon county bill by which the defendants controlling the fi. fa. of Johnson vs. Bonner were
The grounds of the motion for new trial were:
(1.) That the verdict was contrary to evidence and without evidence to support it.
(2.) The verdict was strongly and decidedly against the weight of evidence.
(3.) That the verdict was contrary to the charge of the court in this: The couit charged, “If the jury believed from the testimony that at the time E. W. Holland purchased the land from W. H. Bonner, he (Holland) had notice of the fact that the land was trust property and the property of complainants, and that he paid Dennis Johnson upon the individual debts of W. H. Bonner, then it is your duty to find for the complainants the amount of money so paid to Johnson on these debts, with interest from that time.”
(4.) That the court erred in charging the jury, “If the jury believe from the evidence that the complainants in this case brought a bill in Gordon superior court against W. H. Bonner and others, in which they alleged that the proceeds of the sale of the New Holland property, the purchase money paid by Holland, has gone into certain lands in Gordon county, described in said bill,- and prayed that said lands should be decreed to be trust property for the use of complainants, and if the jury further believe that there was an agreement -between the parties, complainants and defendants to the bill in Gordon county, by which it was provided that a certain portion of said land, to be determined by arbitrators, should be taken by the creditors of W. H. Bonner, who were the defendants to the bill, in satisfaction of their debts, and that the bill
The two grounds mainly relied on in this court by counsel for plaintiffs in error were those as set forth in the third and fourth grounds of the motion just recited.
With one who is a bona fide purchaser for value and without notice of an equit)% a court of chancery will not interfere. But in this conflict of testimony on the subject of notice, the jury were selected to weigh and pass upon it, and we find ample reasons in this record for sustaining their verdict.
The evidence shows the defendants paid full value for these lands now sued for ; under the evidence the jury could, well find they were bona fide purchasers for full value and without notice. From the proceeds of the sale thus made, the evidence shows the complainants are enjoying its full benefit by the use and possession of the valuable lands in Gordon county, and we see nothing in this record that would, in our opinion, justify us in interfering with a verdict so well sustained by the evidence as well as the law and equity of the case.
Judgment affirmed.