Supreme Court of Georgia February 28, 1925, No. 4331 (McKenzie Trust Co. v. Bullard)

Atkinson, J.

Properly construed, tlie petition and counter-petition constitute plain actions of law based on contract, and the remedies provided by law are adequate; for which reason it follows that equity has no jurisdiction, notwithstanding the waiver of discovery and the prayer for accounting, there being no facts alleged which show that resort to equity is necessary to secure an accounting-.