School History of North Carolina : from 1584 to the present timeMoore, John W. (John Wheeler)
History
School History of North Carolina : from 1584 to the present time
Moore, John W. (John Wheeler)
North Carolina -- History
SECTION 1. The personal property of any resident of this State,
to the value of five hundred dollars, to be selected by such
resident, shall be, and is hereby exempted from sale under
execution, or other final process of any court issued for the
collection of any debt.
SEC. 2. Every homestead, and the dwellings and buildings used
therewith, not exceeding in value one thousand dollars, to be
selected by the owner thereof, or in lieu thereof, at the option
of the owner, any lot in a city, town or village, with the
dwellings and buildings used thereon, owned and occupied by any
resident of this State, and not exceeding the value of one
thousand dollars, shall be exempt from sale under execution, or
other final process obtained on any debt. But no property shall
be exempt from sale for taxes, or for payment of obligations
contracted for the purchase of said premises.
SEC. 3. The homestead, after the death of the owner thereof,
shall be exempt from the payment of any debt during the minority
of his children or any one of them.
SEC. 4. The provisions of sections one and two of this Article
shall not be so construed as to prevent a laborer's lien for
work done and performed for the person claiming such exemption,
or a mechanic's lien for work done on the premises.
SEC. 5. If the owner of a homestead die, leaving a widow, but no
children, the same shall be exempt from the debts of her
husband, and the rents and profits thereof shall inure to her
benefit during her widowhood, unless she be the owner of a
homestead in her own right.
SEC. 6. The real and personal property of any female in this
States acquired before marriages and all property, real and
personal, to which she may, after marriage, become in any manner
entitled, shall be and remain the sole and separate estate and
property of such female, and shall not be liable for any debts,
obligations or engagements of her husband, and may be devised
and bequeathed, and, with the written consent of her husband,
conveyed by her as if she was unmarried.
SEC. 7. The husband may insure his own life for the sole use and
benefit of his wife and children, and in the case of the death
of the husband, the amount thus insured shall be paid over to
his wife and children, or to the guardian, if under age, for her
or their own use, free from all the claims of the
representatives of her husband, or any of his creditors.
SEC. 8. Nothing contained in the foregoing sections of this
Article shall operate to prevent the owner of a homestead from
disposing of the same by deed; but no deed made by the owner of
a homestead shall be valid without the voluntary signature and
assent of his wife, signified on her private examination
according to law.
ARTICLE XI. PUNISHMENTS, PENAL INSTITUTIONS AND PUBLIC CHARITIES.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account