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NATIONWIDE HOMES v. FIRST-CITIZENS BANK & TRUST CO.

No. 458.

136 S.E.2d 202 (1964)

262 N.C. 79

NATIONWIDE HOMES OF RALEIGH, N. C., INC. v. FIRST-CITIZENS BANK AND TRUST COMPANY.

Supreme Court of North Carolina.

May 20, 1964.

Attorney(s) appearing for the Case

Yarborough, Blanchard & Tucker, Raleigh, for plaintiff.

Mordecai, Mills & Parker, Raleigh, for defendant.

RODMAN, Justice.

Viewed in the light most favorable to plaintiff, the evidence is sufficient to establish these facts: Prior to August 7, 1961, plaintiff had no deposit with defendant. On that date S. T. Currin, Jr., plaintiff's agent, deposited with defendant $2,000. The deposit was made in plaintiff's name. The funds deposited were plaintiff's. When the account was opened, Currin delivered to defendant a document captioned "AUTHORIZING RESOLUTION" which stated plaintiff...

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