Court Opinion

ID: 3679412
Source: CourtListenerOpinion
Date Created: 2016-07-06 06:25:10.023962+00
Date Added: 2024-06-11T14:20:16.349173
License: Public Domain

This is an action on two notes, one for $1,254 secured by an agricultural lien, and the other for $287.78, secured by notes deposited as collateral, and on account for fertilizers also secured in said lien.
The plaintiff sued out claim and delivery papers in the action under which twenty-five bushels of corn and the collateral notes were seized and delivered to the plaintiff in January, 1916.
The issues joined between the parties were referred by (658)  consent and the referee has made a full report except that he does not find the value of the notes delivered to the plaintiff, and the defendant has received no credit therefor, although in his answer he demanded that the plaintiff be charged with the value of the notes, and he made this same demand in his exceptions to the report of the referee, and at the time the judgment was signed.
Judgment was entered in favor of the plaintiff, and the defendant appealed.
The defendant is entitled to be credited with the value of the notes seized in this action and delivered to the plaintiff, under the authority of Smith v. French, 141 N.C. 1, and the execution upon the judgment is suspended until this amount can be ascertained by reference or otherwise, and due credit be given.
We have examined the other exceptions relied on by the defendant and find no error.
Modified and affirmed. *Page 707