Case Name: In re GARNER BANKING AND TRUST COMPANY, CHARLES SLOCUMB GAY, Liquidating Agent
Court: Supreme Court of North Carolina
Jurisdiction: North Carolina
Decision Date: 1933-04-12
Citations: 204 N.C. 791
Docket Number: 
Parties: In re GARNER BANKING AND TRUST COMPANY, CHARLES SLOCUMB GAY, Liquidating Agent.
Judges: 
Reporter: North Carolina Reports
Volume: 204
Pages: 791–791

Head Matter:
In re GARNER BANKING AND TRUST COMPANY, CHARLES SLOCUMB GAY, Liquidating Agent.
(Filed 12 April, 1933.)
Appeal by petitioner from Sinclair, J., at October Term, 1932, of 'Wake.
Petition by administrator for preference or priority of claim to funds in bands of liquidating agent of insolvent bank.
Tbe Garner Banking and Trust Compány bad on deposit with itself to tbe credit of itself as executor of tbe estate of E. A. Johnson, deceased, tbe sum of $4,702.10 at tbe time it failed, 13 July, 1931, because of insolvency. It bad commingled tbis deposit, as well as others of a similar nature, with tbe moneys in its common till.
Tbe petitioner’s application for a preference to tbe funds in tbe bands of tbe liquidating agent was denied, and be appeals.
T. Lacy Williams for appellant.
Willis Smith and- John H. Anderson, Jr., for appellee.

Opinion:
Pee. Oueiam:.
Affirmed on authority of Roebuck v. Surety Co., 200 N. C., 196, 156 S. E., 531, Bank v. Corp. Com., 201 N. C., 381, 160 S. E., 360, Hicks v. Corp. Com., 201 N. C., 819, 161 S. E., 545.