Porter v. Jefferson Standard Life Insurance

Plaintiffs ground tbeir action on tbe decisions in Wilson v. Trust Co., 200 N. C., 788, 158 S. E., 479, and Parker Co. v. Bank, 200 N. C., 441, 157 S. E., 419, where it was beld tbat a junior lienholder is entitled to know tbe amount legally due and collectible under a prior encumbrance so tbat be may properly protect bis interests against foreclosure. Broadhurst v. Brooks, 184 N. C., 123, 113 S. E., 576; Riley v. Sears, 154 N. C., 509, 70 S. E., 997.

Speaking directly to tbe point in Wilson v. Trust Co., supra, Connor, J., delivering tbe opinion of tbe Court, said: “Plaintiff in this action…