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
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