Boone v. Merchants' & Farmers' Bank

CONNOR, District Judge.

The bill, answer, and evidence disclose the following case:

J. J. Piland, 58 years of age, engaged in farming, residing on his farm, about 6 miles from the village of Winton, N. C., purchased a *184stock of goods from a merchant, and with his son-in-law, W. H. Lassiter, began business in Winton, under the firm name of J. J. Piland & Co. Lassiter kept the books and attended to the business, which appeared to be prosperous until the fall and winter of 1920. The firm kept its account and did its banking with defendant, Merchants’ & Farmers’ Bank of "Winton. During the year 1920…