Little v. GRUBB OIL COMPANY
Court of Appeals of North Carolina
1Opinion of the Court
GRAHAM, Judge.
Three of appellant’s assignments of error raise the question of whether plaintiff proved that she gave any consideration for the subject note.
The note was a negotiable instrument and was under seal. Thus, a presumption of consideration was raised. 1 Strong, N.C. Index 2d, Bills and Notes, § 4. While this presumption is rebuttable as between the original parties or as to any person not a holder in due course, the burden of rebutting the presumption is on the defendant. Trust Co. v. Smith Crossroads, Inc., 258 N.C. 696, 129 S.E. 2d 116. The question of whether a defendant has…
2Cases cited5 opinions
- Kanoy v. HinshawSupreme Court of North Carolina · 1968
- Greer v. WhittingtonSupreme Court of North Carolina · 1960
- McDonald v. MacArthur Bros.Supreme Court of North Carolina · 1910
- Wachovia Bank & Trust Co. v. Smith Crossroads, Inc.Supreme Court of North Carolina · 1963
- Montague v. WombleSupreme Court of North Carolina · 1966
3Cited by3 opinions
- Loman-Garrett Supply Co., Inc. v. DudneyCourt of Appeals of North Carolina · 1982
- Wells v. BarefootCourt of Appeals of North Carolina · 1982
- Chesson v. GardnerCourt of Appeals of North Carolina · 1977