Supreme Court of North Carolina, 1931

Southern Printers Supply Co. v. Prescott

Southern Printers Supply Co. v. Prescott
Supreme Court of North Carolina · Decided October 7, 1931 · Cueiam
201 N.C. 456

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.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.