Supreme Court of Georgia April 12, 1917 (Leffler Co. v. Lane)

Gilbert, J.

(After stating the foregoing facts.) P. C. Waters was doing business with A. Leffler Company, and was indebted to the latter; and wishing to continue his dealings, he executed and delivered a deed, not only to secure the existing indebtedness, $1536.01, but also to secure “any and all indebtedness” which Waters “may hereafter owe” to Leffler Company, “be it more or less than” $1536.01.