GENERAL FINANCE & THRIFT CORP. v. BANK OF WRIGHTSVILLE

36311.

95 Ga. App. 7 (1957)

96 S.E.2d 633

GENERAL FINANCE & THRIFT CORP. v. BANK OF WRIGHTSVILLE.

Court of Appeals of Georgia.

Decided January 23, 1957.


Attorney(s) appearing for the Case

Joe W. Rowland, for plaintiff in error.

Emory L. Rowland, contra.


QUILLIAN, J.

1. Where the same person holds a retention-of-title contract to personalty and a bill of sale to secure a debt covering the same chattel, and both instruments could be foreclosed, a foreclosure and sale under the bill of sale divests the holder's title to the property retained by the retention-of-title contract at the time the sale occurs. Dozier v. McWhorter, 113 Ga. 584, 585 (39 S. E. 106).

2. It was held on a previous appearance...

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