Drenckpohl v. Barker

PRESIDING JUSTICE CHAPMAN

delivered the opinion of the court:

Merle and Wendell Drenckpohl appeal from the decision of the trial court entering summary judgment in favor of Farmers State Bank and from the trial court’s order dismissing plaintiffs’ complaint against Bill and Norma Barker. We affirm.

The controversy in this case centers around three certificates of deposit issued by Farmers State Bank of Hoffman (State Bank) on June 15, 1988. The certificates of deposit are virtually identical to one another. It is undisputed that each of the certificates of deposit states that it is nonnegotiable…