Opinion · Supreme Court of North Carolina

Brown v. . Coble

76 N.C. 391

Type
Opinion
Court
Supreme Court of North Carolina
Jurisdiction
North Carolina
Date
1877-01-05
Topic
general

RodMAN, J. It is argued for the plaintiffs that Goley who purchased at the sale by the Master on 13th December, 1862, acquired no title, because the Court of Equity never *393 ordered the purchase money to be collected and never ordered a deed to be made to the purchaser. 1. When a Court orders a sale on a certain credit, as of twelve months in this case, and a sale is so made and the bond of the purchaser is taken payable at the end of the credit given, and the sale is confirmed, the Master is authorized by a necessary implication to receive the money when it falls due; for it is the right of every debtor to pay at that time. It is not his right to pay before. The creditor, however, may waive his right and consent to receive payment before maturity.

Citator

UpLaw has not yet analyzed Brown v. . Coble. The absence of a flag is not a finding that it is good law.

Cited by
23 opinions