Parker v. Raleigh Savings Bank
Supreme Court of North Carolina
Appeal from O. H. Allen, J., at February Term, 1909, of Wake. Civil action beard upon an agreed statement of facts, substantially as follows: Plaintiff contracted to sell to tbe defendant ten bonds of tbe State of North Carolina, par value $1,000 each, issued in pursuance of chapter 150, Public Laws 1909, for the price of $10,550.- The bank refused to take and pay for the bonds, alleging that the jdaintiff stated to the. defendant at the time said agreement to purchase was…
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Appeal from O. H. Allen, J., at February Term, 1909, of Wake. Civil action beard upon an agreed statement of facts, substantially as follows: Plaintiff contracted to sell to tbe defendant ten bonds of tbe State of North Carolina, par value $1,000 each, issued in pursuance of chapter 150, Public Laws 1909, for the price of $10,550.- The bank refused to take and pay for the bonds, alleging that the jdaintiff stated to the. defendant at the time said agreement to purchase was entered into that the said bonds could be carried by the defendant as part of its surplus, and that the tax value of the…
1DissentWalker, J.
Action heard upon an agreed statement of facts, substantially as follows: Plaintiff contracted to sell to the defendant ten bonds of (254) the State of North Carolina, par value $1,000 each, issued in pursuance of chapter 150, Public Laws 1909, for the price of $10,550.
The bank refused to take and pay the bonds, alleging that the plaintiff stated to the defendant at the time said agreement to purchase was entered into that the said bonds could be carried by the defendant as part of its surplus, and that the tax value of the shares of stock held by the shareholders of the defendant bank would…
2Cases cited1 opinion
- Moye v. . PetwaySupreme Court of North Carolina · 1877
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- Burton v. Durham Realty & InsuranceSupreme Court of North Carolina · 1924
- Bizzell v. Great American Insurance CompanySupreme Court of North Carolina · 1958
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