Savings Bank v. National Bank

' This" cause: was'"tried'' upon a state*338ment of agreed facts. ■ Those essential to its present determination are as follows, to wit:

The complainant and defendant were corporations engaged in general banking operations — the one in Birmingham, Alabama, and the other in Nashville, in this State. They were, at the time of the transaction out of which this controversy arose, and had been for a considerable period antecedent, engaged in mutual correspondence, as the exigencies of their business required or suggested. In the course of this correspondence the complainant bank, as owner and holder,…