Penny v. Cash
Decision Date | 05 September 1946 |
Docket Number | 15538. |
Parties | PENNY v. CASH et al. |
Court | Georgia Supreme Court |
Syllabus by the Court.
Where as here a receiver advertised land for sale as bounded on the east by a designated 42-acre tract, and the highest and best bid at such sale was confirmed by written order of the court the eastern boundary of the land acquired by the purchaser is the 42-acre tract, irrespective of ambiguities that may be found in the deed executed by the receiver. Accordingly where, in a suit by the receiver against the grantees of the purchaser to enjoin them from interfering with his possession, it is admitted that they are occupying 20 acres of such 42-acre tract, the verdict of the jury finding that they were not interfering with the possession of the receiver is contrary to law and the evidence, and the court erred in overruling the receiver's motion for new trial.
The salient facts necessary to a decision of this case may be stated as follows: In 1933 Mrs. Fannie E. Potter died testate, owing a certain debt to W. W. Fowler, evidenced by a note secured by property which included the following described tract of land conveyed on January 2, 1931: 'All that tract or parcel of land containing forty-two acres, more or less, lying in Oconee County, Georgia, being a part of the place known as the old Matthew W. Sykes home place, and being that part of the same which was the child's part of Mrs Allie Connor, sister of the grantee [grantor?] herein, which the said grantee [grantor?] bought from said Allie Connor and to which said grantee [grantor?] herein has had possession of for now more than thirty years; the said forty-two acres of land is bound on the north by property of J. P. Wise, on the east by property of Jim McLeroy; on the south by other land of grantee [grantor?]; and on the west by property of Nancy Sykes and J. P. Wise.'
The debt not having been paid in full, Fowler, on July 23, 1935, brought suit in the superior court of Oconee County, Georgia, against Mrs. Nancy Sykes, as executrix under the will of Mrs. Potter, and obtained a general judgment and a special lien on the above described 42-acre tract and other realty not here in issue.
Execution and levy followed, and at the sheriff's sale Fowler became the purchaser of the property, including the 42-acre tract, and deeds were properly executed to him and he immediately went into possession.
Mrs. Potter was, at her death, the owner of a tract of land lying immediately west and southwest of the above described 42-acre tract, and on February 2, 1937, Fowler caused the sheriff of Oconee County to levy thereupon to obtain by sale a balance due him by the estate. The advertisement of sale described the land as follows: 'The following described property, to wit: 86 acres, more or less, situate, lying and being in the Town of Bogart (or the southern outskirts thereof) in the 246th militia district, Oconee County, Georgia, bounded on the north and west by the Watkinsville-Bogart public roads; east by the lands of Fowler and lands of Birt Owens, and south by lands of J. L. McLeroy.'
During the pendency of this advertisement Mrs. Nancy Sykes, on February 17, 1937, filed an equitable petition in the superior court of Clarke County against W. W. Fowler and the sheriff, seeking to set aside the judgment rendered in favor of Fowler on July 23, 1935, to enjoin the defendants from proceeding with the levy and sale of the advertised property, cancellation of former deeds to Fowler and other relief. After the issuance of temporary restraining and interlocutory orders by the court, Miss Ethel Sykes, daughter of Mrs. Nancy Sykes, intervened, alleging an interest in the estate, mental incapacity of her mother to discharge the duties of executrix; but adopting the allegations of the petition, and praying that a receiver be appointed to take charge of and administer the estate of Mrs. Potter. Upon this application the court allowed the intervention, made certain parties, and appointed L. Dennis Penny as receiver, and he immediately qualified and took charge of the estate.
With the approval of the court certain timber was sold from the 86-acre tract and the proceeds applied towards the debt due Fowler. Thereafter upon application of Fowler for a public sale of that tract to satisfy the balance due him by the estate, the court, on January 21, 1941, issued an order for the advertisement and sale of the said property for this purpose, the sale to be made on the first Tuesday in February, 1941, and to be confirmed by the court. Accordingly, the receiver, on January 21, 1941, advertised the land for sale as follows:
On the date of the sale, February 4, 1941, Fowler, through his counsel, made in writing the following offer to the receiver:
This bid was transmitted to the court, which on February 8, 1941 entered the following order: ...
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...this is not so. Confirmation of a proposed receiver's sale can, and sometime must, occur before the sale is executed. See Penny v. Cash, 201 Ga. 215, 39 S.E.2d 397 (1946); Sims v. Ramsey, 186 Ga. 732(2), 198 S.E. 770 (1938); Hurt Bldg. v. Atlanta Trust Co., 181 Ga. 274, 182 S.E. 187 (1935);......
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In re Wheeler
...that what the buyer at a judicial sale or a sale under a power of sale receives is the right to enforce a contract. Penny v. Cash, 201 Ga. 215, 39 S.E.2d 397 (1946). However, the contract must be just. "In order for a decree of specific performance to stand, it must appear that the contract......
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In re Gooden
...supra; In re John Wheeler, 5 B.R. 600 (Bkrtcy.N.D.Ga.1980); In re Moody v. Mendenhall, 238 Ga. 689, 234 S.E.2d 905 (1977); Penny v. Cash, 201 Ga. 215, 39 S.E.2d 397. That contract is not, in and of itself, a conveyance, as contemplated by Paragraph 12 of the security deed between James Good......
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Leggett v. Ogden, 37569
...large discretion vested in him in reference thereto. Such sales shall not be consummated until confirmed by him." See Penny v. Cash, 201 Ga. 215, 220, 39 S.E.2d 397 (1946); Hurt Building, Inc. v. Atlanta Trust Co., 181 Ga. 274, 182 S.E. 187 (1935). Thus, we agree with appellants that confir......