11 Ga. 418 | Ga. | 1852
By the Court.
delivering the opinion.
As a basis for these demands, it exhibits judgments in favor of the corhplainant upon attachment — a levy upon the property, out of which this money issued — a pending claim at Law by Fields — the fact ol' the non-residence of the corporation, who is defendant in his judgments- — the further fact that there is no other property to be reached within- the jurisdiction, and that older judgments are outstanding against the corporation, in amount large enough to cover the full value oí the property itself, and that efforts are making; to cause this fund to be paid over to purchasers of the same from Fields, whose title is junior to his judgments. From the case made, the complainant has judgment levies which may attach upon the property, and if so, he will have a legal right of satisfaction out of the proceeds of that property now in the hands of the Court, and the payment of which will be endangered, unless those proceeds are retained. It is a case in which Equity must give relief, or justice and right be violated. No legal remedy is now at the command of the complainant. Garnishment will not, as already decided, reach the case; and conceding that if this money is paid to the assignees of Field, an action would lie in his favor- against them, in the event that the property is made subject to Lis judgments, yet that is not a present remedy, and may not Him be a complete remedy. Resides Equity having jurisdiction over this fund now, will not, under these circumstances, faille exercise its preventive power, and thus avoid future suits. The right to this money, as between the complainant and the assignees of Fields, depends upon the title to the property in litigation at Law, and upon principles qma tir,iel. A Court of Equity will, having the fund, reserve it, subject to its own future order. The injunction is only necessary to prevent i1r. passing wrongfully, before the Court acts, out of the hands of its oíücer. (See Stor's Eq. lu., §907 ) Our judgment is that the judgment of dm Court pf-io'/.