State Codes and Statutes

Statutes > North-carolina > Chapter_156 > GS_156-47

§ 156‑47.  Rightsof infant owners protected.

If any proprietor whose lands are adjudged to be benefited by a canalshall be an infant, no process shall be issued against him during his minority,or within 12 months thereafter, to enforce payments of any assessment, and hemay, at any time within such 12 months, apply to have any order, judgment, ordecree made against him set aside as to him. If the infant or his guardianshall, during his minority, and the 12 months next thereafter, pay the duesassessed on him, he shall have all the rights and privileges of corporator, tobe  exercised through his guardian. If the infant shall fail to pay, he shallnot have any such rights, but if no action to set aside the judgment of thecourt creating the corporation shall have been brought by him as aforesaid, orupon the decision of such action against him, he shall be entitled to receivehis proper share of stock and to possess all the rights and be bound by all theliabilities of a corporator, including a liability for assessments made duringhis minority, but not for interest on such, nor for any penalty for their priornonpayment. (1868‑9, c.164, s. 11; Code, s. 1320; Rev., s. 4005; C.S., s. 5305.)

State Codes and Statutes

Statutes > North-carolina > Chapter_156 > GS_156-47

§ 156‑47.  Rightsof infant owners protected.

If any proprietor whose lands are adjudged to be benefited by a canalshall be an infant, no process shall be issued against him during his minority,or within 12 months thereafter, to enforce payments of any assessment, and hemay, at any time within such 12 months, apply to have any order, judgment, ordecree made against him set aside as to him. If the infant or his guardianshall, during his minority, and the 12 months next thereafter, pay the duesassessed on him, he shall have all the rights and privileges of corporator, tobe  exercised through his guardian. If the infant shall fail to pay, he shallnot have any such rights, but if no action to set aside the judgment of thecourt creating the corporation shall have been brought by him as aforesaid, orupon the decision of such action against him, he shall be entitled to receivehis proper share of stock and to possess all the rights and be bound by all theliabilities of a corporator, including a liability for assessments made duringhis minority, but not for interest on such, nor for any penalty for their priornonpayment. (1868‑9, c.164, s. 11; Code, s. 1320; Rev., s. 4005; C.S., s. 5305.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_156 > GS_156-47

§ 156‑47.  Rightsof infant owners protected.

If any proprietor whose lands are adjudged to be benefited by a canalshall be an infant, no process shall be issued against him during his minority,or within 12 months thereafter, to enforce payments of any assessment, and hemay, at any time within such 12 months, apply to have any order, judgment, ordecree made against him set aside as to him. If the infant or his guardianshall, during his minority, and the 12 months next thereafter, pay the duesassessed on him, he shall have all the rights and privileges of corporator, tobe  exercised through his guardian. If the infant shall fail to pay, he shallnot have any such rights, but if no action to set aside the judgment of thecourt creating the corporation shall have been brought by him as aforesaid, orupon the decision of such action against him, he shall be entitled to receivehis proper share of stock and to possess all the rights and be bound by all theliabilities of a corporator, including a liability for assessments made duringhis minority, but not for interest on such, nor for any penalty for their priornonpayment. (1868‑9, c.164, s. 11; Code, s. 1320; Rev., s. 4005; C.S., s. 5305.)