Belvin v. Raleigh Paper Co.
Supreme Court of North Carolina
Civil actior for foreclosure, receiver, and injunctive relief, heard before Timberlake, J., at February Term, 1898, of Wake Superior Court. The action was converted into a Creditor’s Bill and various persons holding claims against the defendant corporation made themselves parties plaintiffs and filed complaints in the cause, which was referred by order of Court to A. C. Zollicoffer, Esq., as Referee.
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Civil actior for foreclosure, receiver, and injunctive relief, heard before Timberlake, J., at February Term, 1898, of Wake Superior Court. The action was converted into a Creditor’s Bill and various persons holding claims against the defendant corporation made themselves parties plaintiffs and filed complaints in the cause, which was referred by order of Court to A. C. Zollicoffer, Esq., as Referee. The Report and Exceptions thereto came on to be heard before his Honor at this Term, and to his rulings and judgment, both sides excepted and appealed. Both appeals, were argued at the same time,…
1Opinion of the Court
Furches, J.:
The plaintiff Belvin is the cashier of the National Bank of Raleigh, and the defendant, The Raleigh Paper Company, is a corporation. The defendant corporation on the 14th of January, 1890, executed a mortgage to the plaintiff Belvin, on its plant at the Great Falls of the Neuse, to secure some $13,000; and on the 5th of June, 1893, the defendant Paper Company executed a second mortgage to Belvin including the same property, and some other property not included in the first mortgage, but subject to the first mortgage, to secure an additional indebtedness of $9,000. The greater…
2Cases cited18 opinions
- Keystone Driller Co. v. WorthSupreme Court of North Carolina · 1895
- Wharton v. . MooreSupreme Court of North Carolina · 1881
- State v. . MitchellSupreme Court of North Carolina · 1896
- Moore v. . VallentineSupreme Court of North Carolina · 1877
- Pocahontas Coal Co. v. Henderson Electric Light & Power Co.Supreme Court of North Carolina · 1896
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3Cited by30 opinions
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- Little v. National Service Industries, Inc.Court of Appeals of North Carolina · 1986
- Springs v. . Refining Co.Supreme Court of North Carolina · 1933
- Mallory v. AgeeSupreme Court of Alabama · 1932
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