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NORTH CAROLINA NAT. BANK v. HAMMOND

No. 7822SC175.

252 S.E.2d 104 (1979)

40 N.C. App. 34

NORTH CAROLINA NATIONAL BANK, A National Banking Association v. M. T. HAMMOND, and Federal Reserve Bank of Richmond.

Court of Appeals of North Carolina.

Certiorari Allowed May 1, 1979.

Attorney(s) appearing for the Case

Chamblee & Gourley by Robert H. Gourley, Statesville, for plaintiff-appellee.

Sowers, Avery & Crosswhite by William E. Crosswhite, Statesville, for defendant-appellant, Federal Reserve Bank of Richmond.

Certiorari Allowed by Supreme Court May 1, 1979.

ERWIN, Judge.

This appeal presents one question for our determination. Did the trial court err in granting summary judgment against defendant Federal Reserve? We answer "No." Defendant contends that there was a genuine issue of material fact as to whether or not defendant M. T. Hammond's signature was affixed on the loan proceeds check with his authorization. Federal Reserve asserted further that this issue...

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