Able-Old Hickory B. L. Assn. v. Polansky

The Home Builders Building and Loan Association issued certain shares of its capital stock in the names of Morris Polansky and Ida, his wife, or survivor, and other shares in their names without the addition of words of survivorship. Polansky died in 1945 and shortly thereafter a guardian was appointed for his wife, who had become incompetent. There is no tenancy by the entirety of personal property in this state. When title to personal property is placed in husband and wife, without words to the contrary, they hold as tenants in common, and upon the death of one of them, the decedent's title…