Klein v. North Side Savings Bank

In February, 1950 a deposit was made in defendant bank pursuant to an order of the Supreme Court authorizing the settlement of a negligence action brought on behalf of an infant. The infant is the present plaintiff, having now attained majority. The form of the account created by the deposit was ‘ ‘ Harold Klein as Guardian ad Litem of Henry Klein, an infant.” The order provided that the funds deposited be held subject to the further order of the court, and there is no question but that defendant had notice of this provision.

From the date of the deposit for some 11% years there was no…