Abruzzese v. Oestrich

This is a controversy over two savings accounts standing in the name of Mathilde G. Bear in trust for her two daughters, Mathilde Oestrich and Louise Smith. One of the accounts, in the Franklin Savings Institution, was opened in 1930 and for some undisclosed reason was closed three years later, and the balance therein, $7,267, was transferred to a new account in the same bank and with the same title as the old. In 1937, Mrs. Bear signed the agreement relative to this account, which is discussed below. The other account was opened by Mrs. Bear in the United States Trust Company in 1935. On…