Ballinger v. . Edwards
Supreme Court of North Carolina
Cause transmitted by consent from the Court of Equity of Guilford County, at the Fall Term, 1846. The bill was filed in October 1843, and states, that itr November 1842, the defendant Lane, purchased from the defendant Edwards, a bond given him by the defendant Boykin, for $175, payable on the 1st of January 1843, and that Edwards transferred it to Lane by delivery only.; that afterwards, Lane transferred and delivered1 the bond to the plaintiff, in satisfaction of a debt to…
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Cause transmitted by consent from the Court of Equity of Guilford County, at the Fall Term, 1846. The bill was filed in October 1843, and states, that itr November 1842, the defendant Lane, purchased from the defendant Edwards, a bond given him by the defendant Boykin, for $175, payable on the 1st of January 1843, and that Edwards transferred it to Lane by delivery only.; that afterwards, Lane transferred and delivered1 the bond to the plaintiff, in satisfaction of a debt to a larger amount, which he owed to the plaintiff. It is further stated, that Lane was unacquainted with Boykin, who…
1Opinion of the CourtRuffin, C. J.
The difference between the accounts given by Lane and Edwards of their dealings is not material to the determination of the present suit. The latter says the advance . of money to him was by way of loan, secured exclusively by the bond of himself and his father to Lane for $175, and that Boykin’s bond was do* livered to Lane, upon a distinct agreement for collection for him, Edwards: while Lane states the money to have been advanced upon and for Boykin’s bond and the payment of that bond, instead of being secured by Edwards’ endorsement, was secured by the bond to Lane of Edwards and his…
Also in this document: Per curiam.
2Cited by12 opinions
- Moore v. . BeamanSupreme Court of North Carolina · 1893
- Churchill v. . TurnageSupreme Court of North Carolina · 1898
- Western Auto Supply Co. v. VickSupreme Court of North Carolina · 1981
- Corey v. HookerSupreme Court of North Carolina · 1916
- Associated Stores, Inc. v. Industrial Loan & Investment Co.District Court, E.D. North Carolina · 1962
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