VIRGINIA-CAROLINA LAUNDRY SUPPLY CORP. v. SCOTT

No. 28.

148 S.E.2d 1 (1966)

267 N.C. 145

VIRGINIA-CAROLINA LAUNDRY SUPPLY CORPORATION, Plaintiff, v. LeRoy SCOTT, Trustee, and Elizabeth M. Stanley and her husband, J. C. Stanley, Defendants.

Supreme Court of North Carolina.

May 4, 1966.


Attorney(s) appearing for the Case

Frazier T. Woolard, Washington, for plaintiff appellant.

Carter & Ross, Washington, for defendants appellees.


LAKE, Justice.

The first question to be determined, is whether the holder of the note which the deed of trust purports to secure is a necessary party to this action. In Hancock v. Wooten, 107 N.C. 9, 12 S.E. 199, 11 L.R.A. 466, certain creditors, in behalf of themselves and all other creditors of the grantor, attacked as a fraud upon creditors a deed of assignment to a trustee to secure payment of claims specified therein...

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