Elston, Prince & McDade, Inc. v. First State Bank of Plain Dealing

Plaintiff corporation brought this action to recover from defendant bank the sum of $50S.94, with legal interest from judicial de*511mand to cover interest at tire rate of 4 per cent, per annum on plaintiff’s daily balances of deposits subject to check made with defendant during the period from January 1, 1924, to April SO, 1931, under an alleged oral contract and agreement to that effect.

It is alleged that the agreement was entered into on October 23, 1923, by and between J. W. Elston, Jr., as representing plaintiff, and Dr. S. E. Prince, as president of and representing defendant; that the…