Bank of Statesville v. Simonton
Supreme Court of North Carolina
Civil ActioN tried at Fall Term, 1881, of Iredell Superior Court, before Seymour, J. Verdict for plaintiff, judgment, appeal by defendant.
1Opinion of the CourtSmith, C. J.
The Bank of Statesville, professing to act under the act of incorporation granted by the general assembly in 1870, commenced operations and a banking business under the management of R. F. Simonton, as cashier, and so continued for some years, and until his death in 1876, when it and his estate were found to be insolvent.
Simonton deposited in the bank, as part of its capital stock, ten thousand dollars in bonds issued by the county of McDowell, which he subsequently withdrew and used in the purchase of certain real estate in or near Statesville, then known as the “ Concord Female College,”…
2Cases cited3 opinions
- Cooper v. LandisSupreme Court of North Carolina · 1876
- King v. WeeksSupreme Court of North Carolina · 1874
- State Ex Rel. Attorney General v. SimontonSupreme Court of North Carolina · 1878
3Cited by4 opinions
- McLamb v. . McPhailSupreme Court of North Carolina · 1900
- McEachin v. . StewartSupreme Court of North Carolina · 1890
- Elliott v. ShulerU.S. Circuit Court for the District of Western North Carolina · 1892
- King v. . WeeksSupreme Court of North Carolina · 1874