Independence Trust Co. v. Porter & Boyd, Inc.

There are two causes of action stated in tbe complaint, hence two distinct questions are raised by tbe demurrer.

Eirst, it is alleged that Porter & Boyd, Inc., road contractor, is indebted to tbe plaintiffs in tbe sum of $37,398.51, with interest, for moneys advanced or loaned on written assignments made by tbe said contractor to tbe plaintiffs for all deferred payments, retained percentages and all other moneys due or to become due under a contract with tbe State Highway Commission for tbe construction of a section of road in Person County, known as Project No. 463; that plaintiffs duly filed…