164 Ga. 54 | Ga. | 1927
On November 7, 1924, Mrs. Cecelia Beveridge purchased from Webb-Harris Auto Company one Studebaker automobile for the price of $2564.60. She paid $815, and gave a note for $1749.60 for the deferred payments to be made $145.80 monthly for twelve months. At once thereafter this note was assigned by Webb-Harris Auto Co. and indorsed by it to the defendant in this ease, the Industrial Acceptance Corporation, which purchased the note at a discount of $129.60. In addition to this Webb-Harris Auto Co. paid to the defendant $1.50 to pay a premium on what was known as single-interest collision insurance, the object of which insurance was to protect the defendant in this case and Webb-Harris Auto Co., and them only, against damages arising from collision. About December 1, 1924, the car in question was in a wreck, and, according to plaintiff’s allegations, .completely destroyed. Subsequently the defendant in this suit entered a complaint in the municipal court of Atlanta against Webb-Harris Auto Co. and the maker of the note, Mrs. Beveridge, the suit being returnable to the November term, 1925.’ Webb-Harris Auto Co. filed an attachment, which is the basis of the suit at bar, in Carroll superior court, on January 14, 1926. Before-the case in the municipal court was to be tried, Webb-Harris Auto Co. filed an equitable amendment and supplemental petition to the
We are of the opinion that the ‘court below held correctly that the equitable suit should be dismissed. That the note sued on in the municipal court of Atlanta had been signed by Mrs. Beveridge, the purchaser of the automobile in question, and indorsed by petitioner, is not questioned. But the plaintiff in the equitable suit alleges that it is not liable upon the note, but, on the contrary, that the defendant, the plaintiff in the suit in the municipal court, is liable to petitioner in a large sum as damages growing out of the breach of a contract which was entered into by the Industrial Acceptance Corporation, wherein that corporation undertook to protect petitioner from damage, by collision or otherwise, to the automobile in question; that is, that the defendant in this case would take out and secure from a certain insurance company a policy of insurance. It is alleged that the defendant did take out such policy of insurance, and that after the destruc-tion of the car it was the defendant’s duty to collect from the insurance company the amount unpaid and due on the car by the purchaser at the time the same was lost or destroyed. And other acts are alleged upon the part of the Industrial Acceptance Corporation, which it is contended resulted in damage to petitioner. It is further alleged that the suit referred to was brought in the municipal court, not in good faith, but in bad faith, and for the purpose of annoying, harassing, and harming petitioner “in its character, reputation, and business, to the damage of petitioner in the sum of $550,” etc. Judgment is prayed in the petition for the damages alleged, and that the indorsement of petitioner on the note be canceled by order of the court. Judgment for attorney’s fees is also prayed, on the ground that the defendant had injured
The rulings made in headnotes 2 and 3 require no elaboration. Judgment affirmed.