Staunton Military Academy, Inc. v. Dockery
Supreme Court of North Carolina
1Opinion of the CourtBobbitt, J.
The rules applicable in testing the sufficiency of the complaint are well settled and need not be repeated. G.S. 1-151; Pressly v. Walker, 238 N.C. 732, 78 S.E. 2d 920, and cases cited.
Absent special circumstances, a foreclosure sale by a trustee in a junior deed of trust is made subject to prior liens on the property. The property was so conveyed to the trustee. He can sell and convey no better title than he acquired. Title vests in the purchaser subject to such prior liens. Bobbitt v. Stanton, 120 N.C. 253, 26 S.E. 817; Brett v. Davenport, 151 N.C. 56, 65 S.E. 611; Bank v. Watson, 187 N.C.…
2Cases cited10 opinions
- Mayer v. . AdrianSupreme Court of North Carolina · 1877
- Allgood v. Wilmington Savings & Trust CompanySupreme Court of North Carolina · 1955
- Bobbitt v. . StantonSupreme Court of North Carolina · 1897
- Brett v. . DavenportSupreme Court of North Carolina · 1909
- Merchants Bank & Trust Co. of Winston-Salem v. WatsonSupreme Court of North Carolina · 1924
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3Cited by10 opinions
- DIXIELAND REALTY COMPANY v. WysorSupreme Court of North Carolina · 1967
- In the Matter of Evergreen Memorial Park Association, Bankrupt. Blanche Smith PetersCourt of Appeals for the Third Circuit · 1962
- McCook National Bank v. MyersNebraska Supreme Court · 1993
- Hartman v. McInnisMississippi Supreme Court · 2007
- Reynolds v. BV Hedrick Gravel & Sand Co.Supreme Court of North Carolina · 1965
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