Frye v. Postal Employees Credit Union

HIGHERS, Judge.

This is a suit to recover on a passbook account with a credit union. The trial court granted summary judgment for the defendant on the basis of laches. We reverse and remand for trial as this case is not a proper one for summary judgment.

In 1936, Fred Frye opened a passbook account with the Postal Employees Credit Union in the name of O.F. Frye, his son, who is the plaintiff in the present action. Fred Frye was president of the credit union from 1939 until 1954, and he made the final deposit into the account in 1941. The total deposits into the account amounted to $1,410.00.…