Meigs v. Thayer

In October, 1933, Etta E. MacFarlane, a single woman of financial means and business experience, and plaintiff herein, a widow without financial means and with little business experience, who were long-time friends, went to a branch of the Manufacturers’ National Bank of Detroit and opened a savings account in their joint names, payable to either or the survivor, and signed forms and cards to such effect, including the recital that:

“The intention of the said signators is to create a joint tenancy in this account and in the accounts in continuation hereof with right of survivorship.”

This…