160 S.E. 357 | N.C. | 1931
Civil action to restrain the foreclosure of deed of trust and to have the same canceled of record.
On 26 February, 1930, The Cooper Company, Inc., instituted an action in Vance County against J. F. Brown to recover on a promissory note of $2,295.87, subject to a credit payment of $427.21. The plaintiff asked for judgment on the note, and no more.
It seems that The Cooper Company holds as collateral security to its note, three notes of $551.17 each, given by J. F. Brown to M. P. Burwell, R. B. Boyd and W. B. Boyd for the purchase price of land situate in Warren County and secured by deed of trust thereon. No mention is made of this collateral in the suit instituted in Vance County. But at the same time of the institution of its suit in Vance County, The Cooper Company caused the administrators of the deceased trustee to advertise under the power of sale in order to realize on its collateral as aforesaid.
Plaintiffs bring this action in Warren County, the county of their residence, to enjoin the foreclosure of said deed of trust, alleging payment of the notes, and demanding that the deed of trust be surrendered up and canceled of record. Summons was issued herein 10 March, 1930.
Plea in abatement is filed by The Cooper Company on the ground that the same subject-matter is involved in its action instituted in Vance County 26 February, 1930.
From the overruling of its plea in abatement, The Cooper Company appeals, assigning errors. *376
after stating the case: The plea in abatement was properly overruled.Hawkins v. Hughes,
Nothing was said in Construction Co. v. Ice Co.,
Affirmed.
