Bank of Dallas v. McCanless
Supreme Court of North Carolina
1Opinion of the CourtBeogdeN, J.
What are tbe rights of tbe parties upon an assignment of payments to become due on a road contract, duly made by a subcontractor to a bank furnishing money for said project to such subcontractor, when the assignment is unconditionally accepted by the contractor, and thereafter the subcontractor, after properly completing a major portion of the work, abandons the contract and the contractor proceeds to finish the work at a loss ?
Various aspects of assignments have been discussed in the books and by appellate courts, but the question of law in this case involves the rights of the assignee of a…
2Cases cited11 opinions
- Salt Lake City v. O'ConnorUtah Supreme Court · 1926
- Page Trust Co. v. Carolina Construction Co.Supreme Court of North Carolina · 1926
- Lynip v. Alturas School DistrictCalifornia Court of Appeal · 1914
- Hall v. JonesSupreme Court of North Carolina · 1909
- Snow v. Board of CommissionersSupreme Court of North Carolina · 1893
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3Cited by2 opinions
- Bank of Northampton v. Town of JacksonSupreme Court of North Carolina · 1939
- Bank of French Broad v. Catawba Construction Co.Supreme Court of North Carolina · 1932