banking

Mitchell wins suit against First National Bank.

Wilson Daily Times, 23 June 1930.

In 1930, James Gray Mitchell, whose “thriftiness” netted him a prosperous farm, a bank vice-president position, and the wherewithal to donate land for a school near Elm City, sued First National Bank to recover $350 paid from his account to the bearer of a forged check. He won.

Clipping courtesy of J. Robert Boykin III.