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NORTH CAROLINA NAT. BANK v. BURNETTE

No. 28.

256 S.E.2d 388 (1979)

297 N.C. 524

NORTH CAROLINA NATIONAL BANK v. Ted R. BURNETTE and Wife, Irma M. Burnette.

Supreme Court of North Carolina.

July 12, 1979.

Attorney(s) appearing for the Case

Smith, Moore, Smith, Schell & Hunter by Larry B. Sitton and Robert A. Wicker, Greensboro, and Watson & Dobbin by Richard B. Dobbin, Spruce Pine, for plaintiff.

McLean, Leake, Talman & Stevenson by Wesley F. Talman, Jr. and Joel B. Stevenson, Asheville, for defendants.

HUSKINS, Justice:

The trial court entered judgment for plaintiff notwithstanding the verdict (JNOV) on the ground that plaintiff, as a matter of law, had substantially complied with the procedures provided by G.S. 25-9-601, et seq. (Cum.Supp.1977), for the disposition of collateral by public sale and therefore the public sale of the grading equipment was conclusively deemed "to be commercially reasonable in all aspects." G.S. 25-9-601. The first question presented...

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