Legal Opinion
DIXIELAND REALTY COMPANY v. Wysor
Supreme Court of North Carolina
Decided December 13, 1967No. 210PublishedCited by 17 opinions
1Opinion of the CourtBranch, J.
The question presented for decision by this appeal is whether the trial court erred in entering order denying motion of respondents Bollinger and Ware to marshal assets.
Appellants contend that the foreclosure of the senior deed of trust did not extinguish the lien of the junior deed of trust.
It is recognized in this jurisdiction that both equity and law permit the grantor in a deed of trust to purchase his own property at foreclosure sale. In re Sale of Land of Sharpe, 230 N.C. 412, 53 S.E. 2d 302; Wilson v. Vreeland, 176 N.C. 504, 97 S.E. 427.
Ordinarily, all encumbrances and liens which the…
2Cases cited24 opinions
- Peed v. Burleson's, Inc.Supreme Court of North Carolina · 1956
- Greenwich Trust Co. v. TysonSupreme Court of Connecticut · 1942
- Bobbitt v. . StantonSupreme Court of North Carolina · 1897
- Woody v. . CatesSupreme Court of North Carolina · 1938
- Plum v. Studebaker Bros.' ManufacturingSupreme Court of Missouri · 1886
19 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Bartlett Milling Co., LP v. Walnut Grove Auction and Realty Co., Inc.Court of Appeals of North Carolina · 2008
- Waff Bros. v. Bank of North Carolina, N.A.Supreme Court of North Carolina · 1976
- Saliba v. SalibaSupreme Court of Georgia · 1947
- Foreclosure of a Lien by Ridgeloch Homeowners Ass'n v. McNeillCourt of Appeals of North Carolina · 2007
- Transamerica Financial Services, Inc. v. LaffertyCourt of Appeals of Arizona · 1993
12 more not listed; retrieve them via the Exa API.