Southern Printers Supply Co. v. Prescott

Supreme Court of North Carolina
Southern Printers Supply Co. v. Prescott, 201 N.C. 456 (N.C. 1931)
Cueiam

Southern Printers Supply Co. v. Prescott

Opinion of the Court

Pee CueiaM.

It is contended that Benfrew’s failure to pay the note in controversy out of the proceeds arising from the foreclosure of his chattel mortgage releases the appellant from liability. The plaintiff became a holder in due course and was not deprived of his legal rights by virtue of any change in the subsequent relation of the defendants. We have examined the several exceptions and find

No error.

Reference

Full Case Name
SOUTHERN PRINTERS SUPPLY COMPANY v. R. S. PRESCOTT, M. B. PRESCOTT, and H. W. RENFREW
Status
Published