Marriner v. . Mizzelle

In the case of Bane v. Nicholson et al., 203 N. C., 104, this Court quoted with approval 12 R. C. L., p. 1133, part of section 30, as follows: “The deposit of funds in an incorporated bank of good reputation temporarily, while they are awaiting investment or needed for current use, is proper; but a deposit in bank for a fixed period of time has been held to be a loan without security, and to render the guardian responsible for any loss.”

There are two questions involved on this appeal. First, were the funds in the banks mentioned in the issues deposited temporarily while awaiting investment or…