Supreme Court of Georgia April 24, 1925, No. 4511 (Fourth National Bank v. Swift & Co.)

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United States · · · 24-04-1925

Bussell, C. J.

On February 13, 1922, the Fourth National Bank of Macon loaned to W. P. Cobb $750 and took from him the usual form of note employed by banks where the loan is secured by collateral, and took from Cobb certificate number 49 representing ten shares of stock of the Rhine Banking Company, located at Rhine, Georgia, and the certificate duly transferred was delivered by Cobb to the bank.

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