Supreme Court of North Carolina, 1932

Assessment by the Corp. Commission v. Stockholders of the Bank of Rose Hill

Assessment by the Corp. Commission v. Stockholders of the Bank of Rose Hill
Supreme Court of North Carolina · Decided June 29, 1932
203 N.C. 840

Assessment by the Corp. Commission v. Stockholders of the Bank of Rose Hill

Opinion of the Court

Per Curiam.

The only exception and assignment of error on the part of the appealing stockholders, is to the judgment sustaining the demurrers and dismissing the stockholders’ appeal and declaring the assessment on the stockholders valid. We think this is error and the *841judgment should be reversed. From the pleadings as they now appear of record, we think that all matters in controversy should be settled in this action and all the rights of the appealing stockholders heard and determined. Such amendments to the pleadings as are necessary to the complete determination of this action, should be allowed. As to the question of jurisdiction, see Corporation Commission v. Bank, 199 N. C., 586. The judgment below is

Beversed.

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