103 Ga. 448 | Ga. | 1898
From the record in the present case it appears that the plaintiff, in whom was vested title' to the property in dispute, executed, on February 16, 1861, his bond for title to one Hamby, in which the plaintiff acknowledged the receipt of' $250 paid him by Hamby, and obligated himself to make title to the premises now in controversy, upon the payment of two promissory notes executed by Hamby to plaintiff, each for a named amount, and due respectively December 25, 1862, and December 25, 1863. This bond for title was, on November 11, 1863, transferred in writing by Hamby to one Wilmoth and on January 1.1, 1868, Wilmoth in turn assigned the bond for title, in writing, to J. M. Huey, under whom the present defendant claims as'an heir at law. It further appears that, previously to the assignment of the bond for title to Huey, Wilmoth had, on the 24th day of December, 1867, executed and delivered to Huey the following instrument: “Received of Joseph M. Huey twenty-five dollars in part payment of two hundred dollars for a certain tract of land which I have sold to Huey, provided he pays me the remainder, one hundred and seventy-five dollars, by the 10th day of January, 1868, at which time, if the said Huey complies on his part, I am to make him a title to said tract of land. Should he the said Huey fail to pay the one hundred and seventy-five dollars as above stated, I am bound to return the twenty-five dollars this day paid me.” It further appears that, in pursuance of this agreement, Huey paid to Wilmoth the sum named; whereupon the latter indorsed on the bond for title from Brown, and transferred as indicated above, the following: “ I do hereby assign the within bond to Joseph M. Huey, for value received, and I bind myself to make or cause to be made to him titles for the land mentioned therein, this 11th January, 1868.” Upon the trial Wilmoth testified that at the time he assigned to Huey the bond for title, Huey knew that he, Wilmoth, was holding the land in dispute under the bond for titles of Brown to Hamby and which Hamby had transferred to him (Wilmoth). It
Judgment reversed: