Marchant v. Wannamaker

The opinion of the Court was delivered by

Mr. C. J. Ramage, Acting Associate Justice.

The facts underlying this appeal are that prior to the 9th day of January, 1931, the Edisto National Bank of Orange-burg had conducted under the national banking laws a bank at Orangeburg, S. C., and as a part of its operation had conducted a trust department. On that date, Mrs. Carrie E. Wannamaker, now deceased, entered into a written trust agreement with said bank, and by virtue of said agreement deposited the sum of $5,000.00 “to be held, managed, controlled, and invested through its trust department.” The…