Parke State Bank v. Akers
Indiana Supreme Court
1Opinion of the Court
ON PETITION TO TRANSFER
SELBY, Justice.
Parke State Bank, in violation of a safe deposit box rental contract, permitted unauthorized access to a jointly held safe deposit box. Jointly held certificates of deposit were removed, and endorsed by one joint owner. We find that the co-owner had a legally cognizable interest in the certificates of deposit, and that the Bank's breach of contract deprived her of this interest. We affirm the trial court.
FACTS
Harold and Ardith Akers were married on October 4, 1986. Early in November of 1986, at Harold's instruction, Parke State Bank (Bank) placed Ardith's…
Also in this document: Concurrence.
2Cases cited11 opinions
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- Fowler v. CampbellIndiana Court of Appeals · 1993
- Krauss v. GreenbargCourt of Appeals for the Third Circuit · 1943
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- Bergfeld v. StateIndiana Supreme Court · 1988
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