Legal Opinion
Sherman v. Hibernia Savings & Loan Society
California Court of Appeal
Decided February 1, 1933No. Docket No. 265PublishedCited by 8 opinions
1Opinion of the CourtJohnson, P. J.
This action was brought to determine the right to money on deposit in a savings bank in the name of the depositor, and made payable under a formal declaration of trust to a designated beneficiary upon the death of the depositor, who survived the beneficiary.
The controversy is between plaintiff as the sole heir of the designated beneficiary and the administrator of the estate of the deceased depositor.
On February 15, 1926, Charles M. Jackson opened a savings account, No. 571489, in the Hibernia Bank with a deposit of $1972.76. At the same time he executed a declaration of trust in the…
2Cases cited15 opinions
- In Re the Accounting of TottenNew York Court of Appeals · 1904
- Booth v. Oakland Bank of SavingsCalifornia Supreme Court · 1898
- Keating v. SmithCalifornia Supreme Court · 1908
- Drinkhouse v. German Savings & Loan SocietyCalifornia Court of Appeal · 1911
- Carr v. CarrCalifornia Court of Appeal · 1911
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3Cited by8 opinions
- Kalt v. YoungworthCalifornia Supreme Court · 1940
- Randall v. Bank of America National Trust & Savings Ass'nCalifornia Court of Appeal · 1941
- Kosloskye v. CISCalifornia Court of Appeal · 1945
- In Re Trust of TuffordSupreme Court of Minnesota · 1966
- Kropp v. Sterling Savings & Loan Ass'nCalifornia Court of Appeal · 1970
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