Legal Opinion
Qualls v. Farmers & Merchants Bank
Supreme Court of North Carolina
Decided September 18, 1929PublishedCited by 2 opinions
1Opinion of the CourtAdams, J.
In Quarles v. O. B. Taylor & Company and the Farmers and Merchants Bank we held that as to Taylor & Company the check in controversy had been paid. 195 N. C., 313. The action is now prosecuted against the bank alone.
In this appeal the first question is whether the plaintiff is entitled to prevail on the ground that one of the correspondent banks, the Merchants National Bank of Richmond, instead of demanding the cash, accepted the drawee’s cheek or draft on another bank which was not paid for want of funds. The question involves the legal relation sustained by the plaintiff, not only to the…
2Cases cited5 opinions
- Federal Land Bank of Columbia v. BarrowSupreme Court of North Carolina · 1925
- American Exchange National Bank v. Metropolitan National BankMissouri Court of Appeals · 1897
- Bank v. FloydSupreme Court of North Carolina · 1906
- Planters' & Farmers' National Bank of Batimore v. First National Bank of WiilmingtonSupreme Court of North Carolina · 1876
- Quarles v. O. B. Taylor & Co.Supreme Court of North Carolina · 1928
3Cited by2 opinions
- Lawson v. Bank of BladenboroSupreme Court of North Carolina · 1932
- Massey-Harris Harvester Co. v. Federal Reserve BankMissouri Court of Appeals · 1932