Nationwide Homes of Raleigh, N. C., Inc. v. First-Citizens Bank & Trust Co.

Viewed in the light most favorable to plaintiff, the evidence is sufficient to establish these facts: Prior to August 7, 1961, plaintiff had no deposit with defendant. On that date S. T. Currin, Jr., plaintiff’s agent, deposited with defendant $2,000. The deposit was made in plaintiff’s name. The funds deposited were plaintiff’s. When the account was opened, Currin delivered to defendant a document -captioned ■ “AUTHORIZING RESOLUTION” which stated plaintiff’s Board of Directors, on August 1, 1961, adopted a resolution authorizing S. T. Currin, Jr., its Vice-President, “to sign checks against…