Legal Opinion

Badders v. PEOPLES TRUST CO.

Indiana Supreme Court

Decided February 11, 1957No. 29,520PublishedCited by 19 opinions

1Opinion of the CourtLandis, J.

This case involves the question of the liability of a bank to one joint depositor when the bank has paid out the entire amount of savings account to the other joint depositor without presentation of the passbook required by the bank’s rules to be produced before withdrawals are made.

According to appellant’s complaint, the following facts appear and the same are admitted by appellees’ demurrer, to-wit: Appellant brought this action against appellee Peoples Trust Company (hereinafter referred to as appellee bank) and appellee Everett Badders, to recover the entire amount of. a joint savings…

2Cases cited13 opinions

  1. Candee v. Connecticut Savings BankSupreme Court of Connecticut · 1908
  2. Forbes v. First Camden Nat. Bank & Trust Co.New Jersey Superior Court Appellate Division · 1953
  3. Sindlinger v. Department of Financial InstitutionsIndiana Supreme Court · 1936
  4. Mercantile Savings Bank v. ApplerCourt of Appeals of Maryland · 1926
  5. Christensen v. Ogden State BankUtah Supreme Court · 1930

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

3Cited by19 opinions

  1. Seavey v. Estate of FanningIndiana Supreme Court · 1975
  2. Keokuk Savings Bank & Trust Company v. DesvauxSupreme Court of Iowa · 1966
  3. Coristo v. Twin City BankSupreme Court of Arkansas · 1975
  4. Speasl v. National Bank of DecaturAppellate Court of Illinois · 1962
  5. Griffin v. Centreville Savings BankSupreme Court of Rhode Island · 1961

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API