Farmers' Nat. Bank v. J. W. Wallace & Co.

This suit was filed on September 21, 1920, by J. W. Wallace and S. E. Blair, doing business under the firm name of J. W. Wallace & Co., against the Farmers’ National Bank and Ralph M. Dove, its receiver, to recover the sum of $3,877.71 claimed as money deposited. The petition alleged deposits aggregating the sum of $37,705.80, against which there were proper charges amounting to $33,564.39. In answering to the merits the defendants, the Farmers’ National Bank and the receiver, pleaded a general denial and the statute of limitation of two years. They also alleged that the bank held four notes…