20 Ga. App. 529 | Ga. Ct. App. | 1917
(After stating the foregoing facts.)
It is insisted by counsel for.the plaintiff in error that the court erred in not compelling J. G. Truitt to elect to satisfy his entire debt out of the fund derived from the sale of the 416% acres of land, the fund being sufficient for that purpose. Section 3330 of the Civil Code (1910) provides that “A creditor having a lien on two funds of the debtor, equally accessible to him, will be compelled to pursue the one on which other creditors have no lien.” We would agree with this contention if there had been no lien except J. G. Truitt’s.on the 416%-acre tract of land. It appears, however, from the bill of exceptions and the record, that there were other liens on this identical property. In our opinion, therefore, the court did-not err in not confining J. G. Truitt’s claim to the fund arising from the sale of the 416% acres of land.
The court correctly held also that C. V. Truitt Company’s claim was superior to Hardy’s claim, as to the proceeds derived from the .sale of-the 416% acres of land. In our judgment, however, the .court erred in awarding,any part of the sum of $485, the proceeds of the sale of the 50 acres of land known as the Carlisle place, - to C. Y. Truitt Company, as that company’s transferred bond for titles did not cover that property, and Hardy’s claim to this fund was superior, to that of the Truitt Company, and, as against that company, he was entitled to all of it.
The judgment being in part reversed, it is directed that all the costs of the writ of error be taxed against the defendant in error.
Judgment affirmed in part, and reversed in part,