Cody Realty & Mortgage Co. v. City of Winston-Salem

Tbe facts supporting plaintiff’s claim were admitted by written stipulation, and tbe defendant rested its defense solely on want of power to enter into tbe contract and to pay for tbe services rendered.

The plaintiff, a corporation, is engaged in the real estate business in Forsyth. County. Tbe city of Winston-Salem, owning certain city lots which, it had acquired at tax and street assessment foreclosure sales, advertised the property for sale at public auction. In order to obtain at such sale an amount equal to its taxes and costs of sale and to dispose of property which it had been compelled…