Liberty Central Trust Co. v. Union Trust Co.

The plaintiff, formerly The Liberty Bank of St. Louis, is a corporation organized, and existing under the laws of Missouri, and tbe defendant is a corporation created under the laws of North Carolina, having its principal office in the city of Raleigh. On 24 August, 1920, the defendant executed and delivered to the Moon Motor Car Company the following certificate of deposit: “Moon Motor Car Company has deposited in this company $13,467.32, payable to the order of themselves in current funds on the return of this certificate properly endorsed 90 days after date with interest at 6 per- cent per…