Associates Discount Corp. v. McKinney

The pertinent North Carolina recording statute is G.S. 47-20. It provides that in case of personal estate where the donor, bar-gainor or mortgagor resides out of the State, the registration, to be valid, must be had “in the county where the said personal estate or some part of the same is situated.” The statute was amended by the Session Laws of 1949, Chapter 1129, but since the transaction under review transpired before the ratification of that act it has no bearing upon the rights of the parties.

Encyclopedic references and collations of authority in annotated cases support the proposition…