PIONEER NEON &c. CO. v. JOHNSON &c. CO.

36634.

95 Ga. App. 565 (1957)

98 S.E.2d 156

PIONEER NEON SUPPLY COMPANY v. JOHNSON & JOHNSON CONSTRUCTION COMPANY, INC.

Court of Appeals of Georgia.

Decided April 17, 1957.


Attorney(s) appearing for the Case

Clinton J. Morgan, Wright, Rogers, Magruder & Hoyt, for plaintiff in error.

Fullbright & Duffey, contra.


GARDNER, P. J.

Counsel for the plaintiff call our attention to Code § 37-113 which states: "When one of two innocent persons must suffer by the act of a third person, he who put it in the power of the third person to inflict the injury shall bear the loss." The defendant, under the contract with A. G. Penuel was holding approximately 10% of $116,000 to be paid to Penuel on January 1, 1954. The plaintiff loaned Penuel $8,000 on October 1, 1953, in reliance upon...

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