Sutton v. . Bank

Civil action to restrain foreclosure and to adjust equities.

Plaintiff alleges that on 18 January, 1924, he and the defendant Joe Sutton purchased a tract of land in Pitt County, subject to deed of trust in favor of the North Carolina Joint Stock Land Bank, given as security for a loan of $5,000; that Joe Sutton agreed to assume payment of the secured indebtedness as a part of his half of the purchase price; that thereafter the land was divided and plaintiff and defendant Joe Sutton now hold their respective shares in severalty; wherefore plaintiff seeks to have the share allotted to Joe…