Underwood v. . Hood, Comr. of Banks

The following is the findings of fact and judgment of the court below:

"This cause came on for hearing before the undersigned, resident judge of the Sixth Judicial District, at Clinton, N.C. on 22 August, 1933, all parties being represented by counsel, a jury trial was waived, and it was agreed that the court might find the facts and enter judgment such as, in his opinion, the facts would warrant. The facts are:

1. Prior to 5 October, 1917, the Bank of Clinton was a domestic banking corporation, located at Clinton, N.C. with the usual powers incident to a general banking business; but said bank…