Legal Opinion

Pagano v. United Jersey Bank

Supreme Court of New Jersey

Decided January 22, 1996PublishedCited by 16 opinions

1Opinion of the Court

The opinion of the Court was delivered by

COLEMAN, J.

The issue raised by this appeal is whether the common-law rebuttable presumption of payment after a lapse of twenty years should be applied to a passbook-savings account when the issuing bank has no record of the account and has never stamped or otherwise marked the passbook canceled or closed. The Appellate Division held that the presumption was inapplicable. Pagano v. United Jersey Bank, 276 N.J.Super. 489, 648 A.2d 269 (1994). We agree and affirm.

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On July 10, 1970, Rose Guarino deposited $4,400 into Peoples Trust Company of New Jersey…

2Cases cited39 opinions

  1. Kyle v. Green Acres at Verona, Inc.Supreme Court of New Jersey · 1965
  2. Ensslin v. Township of North BergenSupreme Court of New Jersey · 1995
  3. Forbes v. First Camden Nat. Bank & Trust Co.New Jersey Superior Court Appellate Division · 1953
  4. Foster v. ReissSupreme Court of New Jersey · 1955
  5. Guerin v. CassidyNew Jersey Superior Court Appellate Division · 1955

34 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Citibank v. Estate of SimpsonNew Jersey Superior Court Appellate Division · 1996
  2. Pereira v. United Jersey Bank, N.A.District Court, S.D. New York · 1996
  3. Keil v. National Westminster Bank, Inc.New Jersey Superior Court Appellate Division · 1998
  4. Abdallah v. OCCUPATIONAL CENTER OF HUDSON CTY., INC.New Jersey Superior Court Appellate Division · 2002
  5. Ridgefield Park v. NY & Western Ry.New Jersey Superior Court Appellate Division · 1999

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