Legal Opinion

Loftis v. . Duckworth

Supreme Court of North Carolina

Decided December 11, 1907Published

1Opinion of the Court

This is a controversy submitted without action. As stated in the brief of appellant's counsel, the only point in the case is whether the trustee who sold under the power given to him in the deed of trust from W. J. Wilson is entitled to commissions on the full amount realized at the sale or only on the amount of the debt secured by the deed of trust and the actual expenses of the sale. The deed provides as follows: "When the advertisement herein provided for is begun, the commissions of the trustee on the amount herein secured shall be deemed to be due and payable, and may be collected by him…

2Cases cited2 opinions

  1. Turner v. . BogerSupreme Court of North Carolina · 1900
  2. Raleigh Savings Bank & Trust Co. v. LeachSupreme Court of North Carolina · 1915

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