1. By the terms of Code § 67-2002 (3), as amended by the acts of 1941 and 1952 (Ga. L. 1941, p. 345; 1952, p. 291), it is provided, among other things, that, "In the event any contractor procuring material, labor or supplies for building, repairing, or improving any real estate, building or other structure shall abscond or die or remove from the State within 12 months from the date such labor, supplies...
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