Court of Appeals of North Carolina August 19, 1986, No. 8626SC173 (NCNB National Bank v. Powers)

BECTON, Judge.

North Carolina Secretary of Revenue Helen A. Powers appeals from a trial court judgment ordering an intangibles tax refund to NCNB National Bank of North Carolina as trustee under the trust agreement of Mrs. Louise S. Foley. We reverse the judgment of the trial court.