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48 N.C. 481

McFadden v. Turner

Supreme Court of North Carolina

Decided August 15, 1856

Supreme Court of North Carolina · decided 1856-08-15

Action of trover, tried before his Honor Judge Bailey, at the Spring Term, 1856, of Oleaveland Superior Court.

In submission to the opinion of the Court, the plaintiff… · Decided 1856-08-15

Pearson, J.

¶1In Ballew v. Sudderth, 10 Ire. Rep. 176, the case of Gaither v. Teague, 4 Ire. 165, is referred to with this remark, “ the decision in that case, assumes that the property remained in the vendor,” &c., and an intimation is made that the decision opened a door for the evasion of the statute, to which the attention of the Legislature is called. In our case there is no ground whatever for the assumption that the property remained in the vendor; on the contrary, tiñere is a formal bill of sale with warranty, by which the tifle passes to the vendee, subject to be divested upon the performance of a *483condition subsequent; so that it is, to all intents and purposes, a mortgage. There is no error.

Per Curiam.

¶2Judgment affirmed.

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