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IN RE MICHAL

No. 28.

160 S.E.2d 495 (1968)

273 N.C. 504

In the Matter of Virginia Yancey MICHAL, Incompetent.

Supreme Court of North Carolina.

April 17, 1968.

Attorney(s) appearing for the Case

M. John DuBose, Asheville, for appellant.

W. R. Chambers and E. P. Dameron, Asheville, for appellee.

LAKE, Justice.

When the trustees opened an account in the bank and deposited funds of the trust estate therein, a contractual relation between them and the bank was created, whereby the bank became the debtor of the trustees. Nationwide Homes of Raleigh, N.C., Inc. v. First-Citizens Bank & Trust Co., 267 N.C. 528, 148 S.E.2d 693; Merchants Bank v. Weaver, 213 N.C. 767, 197 S.E. 551; Woody v. National...

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