National Surety Corp. v. Sharpe
Supreme Court of North Carolina
Appeals by tbe plaintiff, York Mills, Inc., and eleven intervening judgment creditors, namely, American Woolen Company, Artistic Weaving Company, Cutter’s Exchange, House-Hasson Hardware Company, Master Manufacturing Company, Patent Button Company, Smith-Courtney Company, D. W. Yaugbn, W. Ames & Company, John Wood, and E. F. Weishaar, from Moore, J., at November Term, 1951, of Moose.
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Appeals by tbe plaintiff, York Mills, Inc., and eleven intervening judgment creditors, namely, American Woolen Company, Artistic Weaving Company, Cutter’s Exchange, House-Hasson Hardware Company, Master Manufacturing Company, Patent Button Company, Smith-Courtney Company, D. W. Yaugbn, W. Ames & Company, John Wood, and E. F. Weishaar, from Moore, J., at November Term, 1951, of Moose. Receivership proceeding heard by the presiding judge on exceptions to the report of the receiver passing upon the validity and priority of claims against an insolvent private manufacturing concern, and…
1Opinion of the CourtEbviN, J.
The order of distribution consigns the claims of the York Mills and the eleven appealing judgment creditors to the lowest category. The assignments of error assert that the claims of these parties are of high dignity; that as such they are entitled to preference in the distribution of the assets in the hands of the receiver over nearly all the claims assigned to the preceding classes of priority; and that in consequence the court erred to the prejudice of the appellants in relegating their claims to positions inferior to such other claims. In addition, the assignments of error declare that…
2Cases cited149 opinions
- United States v. FisherSupreme Court of the United States · 1805
- United States v. Security Trust & Savings BankSupreme Court of the United States · 1950
- Conard v. Atlantic Ins. Co. of NYSupreme Court of the United States · 1828
- Bramwell v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1925
- Massachusetts v. United StatesSupreme Court of the United States · 1948
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- South County Sand & Gravel Co. v. Bituminous Pavers Co.Supreme Court of Rhode Island · 1971
- Rural Plumbing & Heating, Inc. v. Hope Dale Realty, Inc.Supreme Court of North Carolina · 1965
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