Citizens National Bank of Breckenridge v. Allen

RALEIGH BROWN, Justice.

Colene Pennington Allen sued Citizens National Bank of Breckenridge to recover the proceeds of a certificate of deposit in the amount of $20,000 issued by the Bank to “Katey Mueller as Trustee for Colene Pennington.” Citizens Bank brought a third-party action against D. C. Stapp in his capacity as Independent Executor of the Estate of Katey Mueller, Deceased. After a jury trial, judgment was entered against Citizens Bank for $20,660.23 plus interest and costs. Citizens Bank was awarded judgment against Stapp for the same amount. Citizens National Bank of Breckenridge…