Sasanas v. Manufacturers National Bank

Plaintiff appeals as of right from a judgment of no cause of action entered on April 14, 1982, following a bench trial.

On August 7, 1978, plaintiff purchased a six-month "money market time deposit” in the amount of $20,000 at a branch of the defendant bank. He spoke with Grace Dolecki, the assistant manager of the bank, who filled out the application form for him. The completed application listed both plaintiff and his son, Nick Sasanas, Jr., as owners of the deposit, "to either or the survivor of them”. Plaintiff signed the application and was issued a receipt which also listed himself and…