Ryan v. . Reynolds

From an examination of the lease in controversy, made by plaintiff, there is no clause giving him a right of reentry for the nonpayment of rent. The lease is for 5 years with renewal privilege or right for 5 additional years, rent $25.00, payable semiannually in advance. Simmons v. Jarman, 122 N. C., p. 195.

It is laid down in House v. Parker, 181 N. C., 42, and accepted law in this jurisdiction: “It is true the contract contains no express power of sale; but the general laws of the State in force at the time of its execution and performance enter into and become as much a part of the contract…