16-107 Consideration, what imports.
16-107. Consideration, what imports. All contracts in writing, signed by the party bound thereby, or his authorized agent or attorney, shall import a consideration. History: G.S. 1868, ch. 21, § 7; October 31; R.S. 1923, 16-107.
16-108 Want of consideration.
16-108. Want of consideration. The want or failure in the whole or in part, of the consideration of a written contract, may be shown as a defense, total or partial, as the case may be, in an action on such contract, brought by one who is not an innocent holder in good faith. History: G.S. […]
16-109 Contracts for sale of improvements on government lands.
16-109. Contracts for sale of improvements on government lands. All contracts, promises, assumptions or undertakings, either written or verbal, made in good faith, and without fraud, collusion or circumvention, for the sale or purchase of improvements made on the lands owned by the government of the United States, shall be deemed valid, and may be […]
16-110 Conveyances of improvements on public lands.
16-110. Conveyances of improvements on public lands. Deeds of quitclaim and other conveyances of improvements upon public lands shall be as binding, and effectual between the parties, for conveying the title of the grantor in and to the same, as in cases where the grantor has the fee simple to the premises conveyed. History: G.S. […]
16-111 Medium of payment.
16-111. Medium of payment. That from and after the passage of this act, all obligations of debt, judgments, or executions, stated in terms of dollars, and to be paid in money, if not dischargeable in United States legal-tender notes, shall be payable in either the standard silver or gold coins authorized by the congress of […]
16-112 Restraint of trade; penalty.
16-112. Restraint of trade; penalty. A person, firm, corporation or association of persons doing business in this state shall not make it a condition of the sale of goods, wares or merchandise that the purchaser shall not sell or deal in the goods, wares or merchandise of any other person, firm, corporation, or association of […]
16-113 Appointment of process agent by nonresident contractor; exception; filing.
16-113. Appointment of process agent by nonresident contractor; exception; filing. (a) Whenever the state or any political subdivision of the state, or any agency or instrumentality thereof, enters into a contract with any person who is not a resident of this state for the construction of any public improvement to be paid for by public […]
16-114 Penalty for violating preceding section.
16-114. Penalty for violating preceding section. Any person or corporation which shall violate any of the provisions of this act shall be guilty of a misdemeanor and upon conviction shall be fined in any sum not more than one thousand dollars. History: L. 1913, ch. 299, § 2; March 5; R.S. 1923, 16-114.
16-115 Definitions.
16-115. Definitions. Whenever used in this act, the following words and phrases shall have the meanings respectively ascribed to them herein, unless the context otherwise requires: (a) “Property” means real or personal property, or both, and any interest therein; and (b) “person” means any person, firm, partnership, association or corporation. History: L. 1969, ch. 304, […]
16-101 Joint contracts as joint and several.
16-101. Joint contracts as joint and several. All contracts which by the common law are joint only, shall be construed to be joint and several. History: G.S. 1868, ch. 21, § 1; October 31; R.S. 1923, 16-101.