Woody v. Prudential Life Insurance Co. of America
This text of 209 N.C. 364 (Woody v. Prudential Life Insurance Co. of America) is published on Counsel Stack Legal Research, covering Supreme Court of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The judgment of nonsuit must be sustained. The receipt by the defendant of the alleged usury of $209.00 does not sufficiently appear, and, if it did, the statute of limitations is a complete bar. No payments of interest were made after 5 July, 1932.
The other item of $50.00 was an attorney’s fee, paid by the plaintiffs in a settlement made after a sale of the premises had been made in July, 1934, and under the evidence in this case this could not be held to be usurious. C. S., 442; Trust Co. v. Redwine, 204 N. C., 125.
On the record before us the judgment of nonsuit is
Affirmed.
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209 N.C. 364, Counsel Stack Legal Research, https://law.counselstack.com/opinion/woody-v-prudential-life-insurance-co-of-america-nc-1936.