Former Holly Ridge restaurant auctioned on courthouse steps

Published: Thursday, July 3, 2014 at 11:15 AM.

In his years practicing law in Onslow County, McConnell said he remebers few partition-proceeding auctions at the courthouse steps. “Usually, the family members will realize they’re going to take a bath at a partition sale and they agree to work it out, but these folks just couldn’t get along,” McConnell said.

However, other forced sales — such as foreclosures and transactions spurred by tax delinquencies — have been common, he added.

Forced sales of all types have been held on U.S. courthouse steps throughout the nation’s history, McConnell said. 

“It’s older than anybody alive today,” McConnell said of that body of law. “If there’s a forced sale, it happens on the courthouse steps.”

Civil law governs the sale of “property situated wholly within a single county,” according to N.C. General Statutes. In this case, the judicial sale, which is a court-ordered deal, stemmed from a lawsuit from one of four heirs against two sibling heirs, according to court documents. 

Such a sale can be held any day except Sunday, according to General Statutes.

After Pierce’s opening bid of $200,000, offers of $225,000, $250,000, $300,000 and $325,000 followed. 

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