Ledbetter v. McWilliams

90 Ga. 43 | Ga. | 1892

*44 Judgment affirmed.

The petition alleged that on March 25th, 1887, the defendant made his promissory note to petitioners for $5,000, with interest from maturity at the rate of eight per cent, per annum, with all costs of collection, including attorney’s fees, waiving homestead and exemption rights, and to secure the payment of said note did at the same time make and deliver to plaintiffs his mortgage deed conveying certain property which was described in the petition, the conveyance to cease and become void upon payment of the note with interest; that the note and mortgage deed are long past due, which would appear by reference to them, now to the coui’t shown; that defendant failed and refused to pay the same; and that there was still a large amount of principal, interest, attorney’s fees and costs due on said mortgage deed and promissory note, which petitioners are entitled to collect. The prayer was, that the court grant a rule requiring defendant to pay in, on or before the first day of the next term, the principal, interest, attorney’s fees and costs due on the mortgage and promissory note, and in default that the mortgage be foreclosed. The rule nisi ordered that defendant pay in the principal, interest, attorney’s fees and cost due on the note and mortgage deed, etc. Before the case came on for hearing an amendment to the petition was allowed, alleging that the promissory note was due eight months after its date and bore interest from maturity at eight per cent, per annum. The demurrer was upon the grounds : (1) That plaintiffs had not set forth facts sufficient to base any judgment of foreclosure upon, nor was there any legal statement of their case. (2) The petition did not set out the amount of plaintiffs’ demand. No amount, either of principal or of interest claimed, was stated in the petition. While it was stated that the note referred to in the petition bore interest at eight per cent, per annum from maturity, it was not stated when the note matured, nor was it anywhere stated how much principal was due, nor the date of any credits, so that a calculation might be based thereon. It does not appear whether or not this demurrer was filed before the amendment last above was allowed. The amendment allowed after the reading of the demurrer and upon the filing of which defendant moved for a continuance, was, that the promissory note was dated March 25, 1887, due November 25, 1887, bore interest from maturity at eight per cent, per annum, and was for $5,000 principal; that there had been paid to petitioners certain sums of money (specifically set out, with the dates of payment), all of which had been entered as credits ; and that there was due and owing on the note, at the date of the amendment, $8,968.18 principal, and $125.27 interest, with accruing interest at eight per cent, per annum, and ten per cent, on the principal and interest and on the last credit mentioned, paid since the proceedings were begun [as attorneys’ fees], but as the attorneys’ fees were not secured by the mortgage, petitioners prayed for rule absolute for said principal, interest and cost only. The plea of defendant was a plea of not indebted in the amount stated in the rule nisi; and the further plea that plaintiffs had for a valuable consideration waived their lien upon a large portion of the premises described in the rule nisi, and therefore plaintiffs should not have •a rule absolute upon the property described in the rule nisi. The demurrer to the plea was upon the grounds that the plea did not take issue on the amended petition; and that it set forth no legal defence. Dean & Smith, for plaintiff in error. Dabney & Douche, contra.