Bates v. Madison County Savings Bank

Briefly stated, the factual situation out of which this controversy arose is as follows:

By the last will and testament of W. H. Lewis, deceased, the Madison County State Bank of Winterset, Iowa, was named as trustee in a bequest of money for the benefit of his daughter, Lura M. Lewis. The bank qualified as trustee on February 23, 1929, and continued to act as trustee until April 19, 1934, when its successor, F. A. Lewis, was appointed. There was another banking institution in the town of Winterset, operating under the name of Winterset' Savings Bank. For convenience these two banks will be…