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69 N.C. 33

Latham v. . Whitehurst

Supreme Court of North Carolina

Decided June 5, 1873

Supreme Court of North Carolina · decided 1873-06-05

This was a civil action commenced the 4th of October, 1869, to foreclose a mortgage given by the defendant, benring date in the year 1854, to secure the payment of notes of the defendant, due at the date of the mortgage, tried before Watts, J., at the January (Special) Term, 1873, of Craven Superior Court.

Cited by 1 later decisions — most recently January 1877

1 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1873-06-05

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Pearson, C. J.

¶1 The demurrer rests upon the Acts of 1868-'69, chap. 76, sec. 9, “No property shall be sold under any deed of trust or mortgage until the debts secured in said deed are reduced to judgments according to the provisions of this Act.”

¶2 This section is in violation of the Constitution of the United States; it nut only attempts to impair the obligation of a contract, but tp alter the contract, by adding a condition. This is too plain for discussion. The purpose of adding this condition, was to bring all debts within the operation of the “ stay laws.” In reference to laws of that kind see Jacobs v. Smallwood, 63 N. C. Rep. 112.

¶3 The other objection is likewise untenable; the Judge may if so needed, refer the matter to the clerk to settle the details, and report the balance. This is the usual course, and ought to be followed when there is any complication, so-that the subjects of controversy may be distinctly presented on exceptions to the report.

¶4 But where there is nothing to be done except to calculate interest, we see no reason why the Judge may not make the *35 calculation himself, or direct the clerk to. do it instanter, as when judgment is rendered according to specialty filed” in an action of debt.

¶5 The defendant certainly has no right to the former course, for the voluntary service of the Judge saves him from the cost of a reference to the clerk.

¶6 No error.

¶7 Per Curiam. Judgment”affirmed. ■

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