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· 3/22/1898

James v. Greenville Lumber Co.

Citations

  • 29 S.E. 358
  • 122 N.C. 157
  • 1898 N.C. LEXIS 214

Syllabus

<p>Corporations — Material Furnished — Lien—Priority of Claim — Execution on Judgment for Materials.</p> <p>Where it does not appear that a steam-engine and boiler, sold and delivered to a corporation, were necessary to the conducted contin.ua-__tion of its business, such machinery cannot be considered as “materials furnished’1 under Section 1255 of The Code so as to permit __ __the mortgaged property of the corporation to be soldjunder execution on a judgment obtained for the price of such machinery.</p>

Judges: Montgomery, Clark, Furches, Faircloth

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.