Ivie v. . Blum
Supreme Court of North Carolina
Appeal by defendants from Lyon, J., at October Term, 1911, of FORSYTH. The facts are sufficiently stated in the opinion of the Court by Mr. Chief Justice Ciarle.
1Opinion of the CourtClark, C. J.
In 1906 C. R. Bitting bought the half interest of Fleming in the firm of Blum & Fleming, and to obtain money to pay for the same executed a mortgage on the half interest thus acquired, and the firm became Blum & Bitting. In May, 1907, Blum & Bitting made a deed of assignment to Charles E. Shelton. Later this suit was instituted, and a receiver was appointed. W. A. Whitaker and Mrs. L. P. Bitting were indorsers on the note of O. R. Bitting for $1,600 for which the aforesaid mortgage was executed. They paid off the note to the bank and seek to foreclose the mortgage which was given to secure…
2Cases cited4 opinions
- Daniel v. . CrowellSupreme Court of North Carolina · 1899
- Clark v. . HoytSupreme Court of North Carolina · 1852
- Bank of the State of North Carolina v. FowleSupreme Court of North Carolina · 1858
- Sherrill v. . ShufordSupreme Court of North Carolina · 1849
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