114 Ga. 165 | Ga. | 1901
The plaintiff brought suit against Weaver upon a promissory note. Weaver filed a plea- setting up that the consideration of the note had partially failed, for the reason that the note was given in part payment of the purchase-money of a tract of land, and that he had-lost possession of a portion of this tract because the plaintiff did not have title thereto. • He asked in his plea that the purchase-money be abated to the extent of the value of the land to which he had failed to obtain title. Upon the trial it appeared that Thaddeus Pickett owed Stoner, and to secure the debt conveyed to him a large quantity of land by a deed which was absolute on its face. It also appeared that Pickett was indebted to Weaver, and that they Entered into an agreement by which Pickett was to sell to Weaver a certain portion of the land embraced in the deed from Pickett to Stoner, and that the balance of the purchase-money, after the debt due by Pickett to Weaver had been deducted, was to be paid to Stoner, and that Weaver was to give notes for this amount to'Stoner and take a bond for titles from him for the land which he had agreed to purchase from Pickett. This agreement was submitted to Stoner and approved of by him, and Weaver gave to Stoner notes for the balance of the purchase-money after the debt due by Pickett to Weaver had been deducted. Stoner then gave to Weaver a bond for titles conditioned to convey to Weaver, upon the payment of the notes above referred to,
Judgment affirmed with direction.