Southern National Bank of North Carolina v. Universal Acceptance Corp.

The transactions giving rise to this case all occurred prior to 30 June 1967, the effective date in North Carolina of the Uniform Commercial Code. G.S. 25-10-101. The rights of the parties are, therefore, controlled by the prior law.

Defendant assigns as error the court’s refusal to grant its motions of nonsuit made at the close of plaintiff’s evidence and again at the close of all evidence and the court’s exclusion of evidence offered by defendant as to its reason for stopping payment on the check. Defendant contends that under the evidence in this case the court erred in finding plaintiff to…