First National Bank v. City of Sparta

R. C. Wiley and R. L. Merritt, as bond commissioners of the City of Sparta, brought their equitable petition against the First National Bank of Sparta (hereinafter referred to as the Sparta Bank), the Third National Bank of Atlanta (hereinafter *26referred to as the Atlanta Bank), Robert Holmes, the City of Sparta, Robinson-Humphrey Co., and Merchants & Farmers Bank of Davisboro, for the recovery of certain securities alleged to belong to the sinking-fund of the City of Sparta, and for accounting. The case was referred to an auditor, who heard the case and in due course made his report. The…