Craig v. Citicorp Savings

The plaintiff, Virginia Craig, brought suit against the defendant, Citicorp Savings, in two counts, the first pertaining to the defendant’s refusal to pay principal and interest on a certificate of deposit issued in plaintiff’s name, the second for conversion. The defendant refused to pay on the basis that the plaintiff had paid no consideration for the certificate and that the certificate was issued in her name by mistake. The trial court granted the plaintiff’s motion for summary judgment and denied the defendant’s motion to reconsider the ruling granting summary judgment; the defendant has…