Supreme Court of North Carolina June 5, 1854 (Knight v. . Wilmington Manchester Railroad Co.)

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United States · · · 05-06-1854

Nash, C. J.

We do not concur with his Honor in his opinion. At common law, neither bonds nor promissory notes were assignable at law, for the reason that they were considered mere choses in action, and the transfer of them would lead to litigation and increase maintenance. 2d Bl. Com. 291, n. 6. By the statutes 3d and 4th, of Ann, of which the first section of our act of 1836, (Rev. Stat., ch.

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