Graham v. Proctorville Warehouse

Prior to the adjudication that it was insolvent and to the appointment of plaintiff as its receiver,' the Bank of Proetorville had on deposit to the credit of J. R. Lawson and subject to his check the sum of $219.60. The relation of debtor and creditor existed between the said Lawson and the said bank by reason of said deposit. Reid v. Bank, 159 N. C., 99; Boyden v. Bank, 65 N. C., 13. The Bank of Proetorville also held the note executed by J. R. Lawson, payable to Proetorville Warehouse Company, and transferred by endorsement to the bank. The bank was a creditor of said Lawson by virtue of…