Legal Opinion

Waters v. . Garris

Supreme Court of North Carolina

Decided October 1, 1924PublishedCited by 18 opinions

1Opinion of the Court

Civil action to restrain the foreclosure of two mortgages and to have the debts secured thereby credited with a foreclosure of the entire interest charged and twice the amount of usurious interest paid thereon.

The facts established by the verdict or not disputed are as follows:

1. The defendant, being the holder of two notes executed by the plaintiffs, one for $1,000 and the other for $4,000, each being secured by real estate mortgage on the same property, and default having been made, was, at the time of the institution of this action, proceeding to advertise and sell the same under powers…

2Cases cited4 opinions

  1. Burwell v. . BurgwynSupreme Court of North Carolina · 1888
  2. Churchill v. . TurnageSupreme Court of North Carolina · 1898
  3. Purnell v. Vaughan, Barnes & Co.Supreme Court of North Carolina · 1880
  4. Beard v. . BinghamSupreme Court of North Carolina · 1877

3Cited by18 opinions

  1. Kessing v. National Mortgage CorporationSupreme Court of North Carolina · 1971
  2. Kawauchi v. TabataHawaii Supreme Court · 1966
  3. S. B. Parker Co. v. Commercial National BankSupreme Court of North Carolina · 1931
  4. Wilson v. Union Trust Co. of MarylandSupreme Court of North Carolina · 1931
  5. Associated Stores, Inc. v. Industrial Loan & Investment Co.District Court, E.D. North Carolina · 1962

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