Legal Opinion
Equity Associates v. Society for Savings
Court of Appeals of North Carolina
Decided October 20, 1976No. 7618SC423PublishedCited by 6 opinions
1Opinion of the Court
ARNOLD, Judge.
Savings denies that G.S. 55-145 (a)(1) subjects it to the jurisdiction of North Carolina’s courts. We disagree. G.S. 55-145 (a) (1) provides:
“(a) Every foreign corporation shall be subject to suit in this State, whether or not such foreign corporation is transacting or has transacted business in this State and whether or not it is engaged exclusively in interstate or foreign commerce, on any cause of action arising as follows:(1) Out of any contract made in this State or to be performed in this State. ...”
The contract between Savings and Equity was both made and substantially…
2Cases cited9 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Hanson v. DencklaSupreme Court of the United States · 1958
- Byham v. National Cibo House CorporationSupreme Court of North Carolina · 1965
- Goldman v. Parkland of Dallas, Inc.Supreme Court of North Carolina · 1970
- Atlantic Coast Line Railroad v. J. B. Hunt & Sons, Inc.Supreme Court of North Carolina · 1963
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Tom Togs, Inc. v. Ben Elias Industries Corp.Supreme Court of North Carolina · 1986
- Gro-Mar Public Relations, Inc. v. Billy Jack Enterprises, Inc.Court of Appeals of North Carolina · 1978
- Chemical Realty Corp. v. Home Federal Savings & Loan Ass'n of HollywoodCourt of Appeals of North Carolina · 1979
- General Time Corp. v. Eye Encounter, Inc.Court of Appeals of North Carolina · 1981
- HBD, Inc. v. Steri-Tex Corp.Court of Appeals of North Carolina · 1983
1 more not listed; retrieve them via the Exa API.