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FARMERS BANK, ETC. v. MICHAEL T. BROWN DISTRIBUTORS

No. 372PA82.

298 S.E.2d 357 (1983)

FARMERS BANK, PILOT MOUNTAIN, North Carolina v. MICHAEL T. BROWN DISTRIBUTORS, INC. (formerly Ned Pell Distributors, Inc.), Brenda M. Brown, Executrix of the Estate of Michael Brown, Brenda M. Brown, Vida M. McCanless, Phillip H. Pell, and O.M. Needham, Jr.

Supreme Court of North Carolina.

January 11, 1983.

Attorney(s) appearing for the Case

Badgett, Calaway, Phillips, Davis, Stephens, Peed & Brown by Richard G. Badgett and Herman L. Stephens, Winston Salem, for defendants.

Otis M. Oliver and Finger & Parker by Raymond A. Parker, II, Elkin, for plaintiff.

CARLTON, Justice.

I.

Of the original defendants in this action, only Phillip H. Pell and O.M. Needham, Jr., are involved in this appeal.

R.W. Smith, vice-president of Farmers Bank in Pilot Mountain, N.C., was plaintiff's sole witness and testified as follows:

Defendants, Needham and Pell, came to Smith's office at the bank sometime before 15 February 1977. Defendants told Smith they were selling...

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