Charles S. Riley & Co. v. W. T. Sears & Co.
Supreme Court of North Carolina
Appeal from Peebles, J., at April Term, 1911, of New HaNOVER. Civil action, beard on motion made in tbe cause. From judgment entered, plaintiff Eiley & Co. excepted and appealed.
1Opinion of the CourtHoKE, J.
On tbe bearing it appeared tbat tbis was an action by Eiley & Co., bolding a large claim against Sears Company, Incorporated, secured by mortgage as part of tbe assets, to dissolve tbe debtor corporation and distribute tbe assets according to law. In tbe progress of tbe cause sale was bad of a large portion or all of tbe property, and Charles S. Eiley & Co., creditor and mortgagee, became tbe purchaser at tbe price of $15,000, and after paying $2,000, an amount ascertained to be due under a mechanic’s lien, gave bond in tbe sum of $13,000, conditioned to pay sucb further claims as might be…
2Cases cited7 opinions
- Pocahontas Coal Co. v. Henderson Electric Light & Power Co.Supreme Court of North Carolina · 1896
- Roberts v. . BaldwinSupreme Court of North Carolina · 1911
- Dunavant v. Caldwell & Northern RailroadSupreme Court of North Carolina · 1898
- Perry v. Western North Carolina RailroadSupreme Court of North Carolina · 1901
- Wilmington & Weldon Railroad v. BurnettSupreme Court of North Carolina · 1898
2 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- National Surety Corp. v. SharpeSupreme Court of North Carolina · 1952
- Britt v. AllenCourt of Appeals of North Carolina · 1978
- Scott v. . HarrisonSupreme Court of North Carolina · 1940