Guardianship of Uggen v. Amble

The respondent was guardian of an insane ward, and as such received $3,410.28 in cash belonging to his ward on October 2, 1929. The funds were evidenced by a certificate of deposit in the Peoples State Bank of Colfax. He immediately took a time certificate of deposit in that bank payable to iiimself as guardian for the amount. The certificate of deposit carried four per cent interest. He was told by the banker that he could draw out money at any time on the certificate of deposit. When he needed money for support of his ward or other expenses of administration he turned in the current…