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Fish, C. J. A conveyance of land executed by a borrower to secure a debt infected with usury is void and ineffectual to pass title. Civil Code, § 3442. Therefore the maker of such a conveyance may, subsequently to its execution, have • a. valid homestead set apart in the property sought to be so conveyed; which homestead will not be subject to a judgment recovered on. the debt, notwithstanding the usury was elim
*47 inated •when the judgment was taken. Applying these rulings to the eyidence in this "case, the court erred in directing a verdict finding the property subject. Judgment reversed.November 15, 1913. Claim. Before Judge Thomas. Berrien superior court. November 20, 1912. Hendricks & Christian, for plaintiff in error. Alexander & Gary, contra. All the Justices concur.
Document Info
Citation Numbers: 141 Ga. 46, 79 S.E. 1128, 1913 Ga. LEXIS 309
Judges: Fish
Filed Date: 11/15/1913
Precedential Status: Precedential
Modified Date: 11/7/2024