NATIONAL SURETY CORPORATION v. SHARPE

No. 609.

59 S.E.2d 593 (1950)

232 N.C. 98

NATIONAL SURETY CORPORATION v. SHARPE et al.

Supreme Court of North Carolina.

May 24, 1950.


Attorney(s) appearing for the Case

Gavin, Jackson & Gavin, Sanford, for plaintiff, appellee.

John M. Spratt, York, S. C., and Carroll & Steele, Rockingham, for appellant York Mills, Inc.


ERVIN, Justice.

This appeal necessitates an examination of the rules of practice and procedure in the presentation, proof, and payment of claims in receiverships. They may be summarized as follows:

1. Under the Code of Civil Procedure, "Any judge of the superior court with authority to grant restraining orders and injunctions has * * * jurisdiction" in proper cases to appoint a receiver to collect and preserve the assets of an insolvent debtor, to ascertain...

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