Fountain was born in Edgecombe County, North Carolina, on February 15, 1885, was educated in the public schools of Edgecombe County and the Tarboro Male Academy, and attended the University of North Carolina at Chapel Hill from 1905 to 1907.
Fountain was admitted to the N.C. Bar and began practicing law in Rocky Mount in 1907.
He was appointed judge of the municipal court of the city of Rocky Mount in 1911 and held the office until 1918.
From 1934 until 1942 Fountain edited a newspaper, the Rocky Mount Herald.
On February 21, 1945, Fountain died in Rocky Mount at the age of sixty.