General Electric Co. v. Morganton Electric Light & Power Co.

Citations

• 30 S.E. 314
• 122 N.C. 599
• 1898 N.C. LEXIS 312

Syllabus

<p>Corporation — Mortgages—Material Furnished, Corporation— Lien — Prioritg.</p> <p>An electric dynamo or other like machinery, perfect in itself and capable of being used in one place as well as in another, is not such “material” as, when furnished to a corporation, will give to the seller a priority over mortgage bonds of the corporation as pro- , vided in Section 1255 of The Code.</p>