153 Ga. 75 | Ga. | 1922
(After stating the foregoing facts.)
Where a grantor executes a deed absolute in form and remains in possession of the land, parol evidence is admissible to show that the deed was intended as security only, and such evidence does
But it is insisted by counsel for the plaintiff that the above charge conveyed to the jury the idea that this contract might be
There were no pleadings on the part of the defendant that he, as the administrator of Westmoreland, had undertaken to exercise the option given to Westmoreland to buy back this land by January 1, 1916. There was no evidence that the administrator had undertaken to exercise this option before it expired. There is evidence that, prior to January 1, 1916, the administrator offered to pay to the plaintiff $1763.20, the price at which Westmoreland agreed to buy this land under this option, with interest thereon from the date of said option, less the rents received 'by the plaintiff from this land for the year 1915. If the plaintiff had in fact
If the papers under which the plaintiff claims title to this land were given merely to secure a debt due by Westmoreland, then Matthews, as administrator of Westmoreland, would hé entitled to redeem the land by paying the debt due by Westmoreland to the plaintiff, with interest, less any rents which the latter received for the land for the year 1915, or since that time. On the other hand,, if the plaintiff owned this land absolutely, and had only given Westmoreland the right to rebuy it by January 1, 1916, then the plaintiff would be entitled to recover in this case, unless the administrator offered to exercise the right given to his intestate under this option to buy back this land by paying to the plaintiff the price agreed on for the repurchase of this land by Westmoreland by January 1, 1916.
Judgment reversed.