Barber v. Westchester Bank & Trust Co.

One Steinberg died on March 20, 1953. On that date, either as maker or indorser, he was indebted to the defendant bank upon certain promissory notes in the total amount of $11,929.66, and on that date he had on deposit with the bank the sum of $8,224.22. The plaintiffs are executors of his estate. On May 21, 1953, they opened a checking account with the bank entitled “ Estate of Nathan V. Steinberg, Deceased ’ ’, by depositing the sum of $15,000. Thereafter, and on July 20, 1953, by consent of the executors and the bank, and without reservation or limitation, the bank transferred to the…