HATCHER v. ROSE

No. 171PA90.

407 S.E.2d 172 (1991)

329 N.C. 626

M.S. HATCHER and wife, Betty M. Hatcher v. Earl G. ROSE and wife, Bonnie H. Rose.

Supreme Court of North Carolina.

August 14, 1991.


Attorney(s) appearing for the Case

Page, Page & Webb by John T. Page, Jr., Rockingham, for plaintiffs-appellees.

Leath, Bynum, Kitchin & Neal, P.A. by Henry L. Kitchin and Stephan R. Futrell, Rockingham, for defendants-appellants.


FRYE, Justice.

In this appeal, defendants present us with the issue of whether prepayment is allowed on a promissory note executed for the purchase of real estate when the note does not by specific language either prohibit or permit prepayment. We answer this question in the affirmative and reverse the Court of Appeals' decision directing summary judgment for plaintiffs.

Defendants Earl G. Rose and Bonnie H. Rose...

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