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205 N.C. 312

171 S.E 55

In re Gibbs

Supreme Court of North Carolina

Decided October 11, 1933

Supreme Court of North Carolina · decided 1933-10-11

Cited by 2 later decisions — most recently November 1981

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1933-10-11

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Pee Cubiam.

¶1The appellant does not controvert the right of a junior mortgagee ordinarily to plead the statute against a senior mortgagee but lie contends that the defense is not available here because not pleaded. Guthrie v. Bacon, 107 N. C., 337. Section 405 of the Consolidated Statutes applies to actions in which formal pleadings are filed. The present proceeding is in the nature of a controversy without action upon an agreed statement of facts for the distribution of a fund arising from the sale of real estate under a deed of trust. C. S., 2592, 2593. The rights of the parties are to be determined by the facts, and according to the facts the appellant’s claim is clearly barred by the statute. C. S., 437, 2589. Judgment

¶2Affirmed.

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