Wightman v. American National Bank of Riverton

RAPER, Chief Justice.

This case involves rights to a pledged certificate of deposit (C.D.). A motion for summary judgment was granted in favor of defendant-appellee, American National Bank of Riverton (ANB). Plaintiffs-appellants appeal. The district court found that the C.D., in the names of “Page Malody or Michael Ross Malody or Erin Jennell Malo-dy” 1 as depositors, pledged by Page Malody to secure a joint indebtedness of William and Page Malody, husband and wife, was upon default properly applied by ANB to that debt. The district court also found that while the C.D. stood in the three…