Legal Opinion
Passi v. Amerika Samoa Bank
High Court of American Samoa
Decided June 28, 1995No. CA No. 139-94Published
1Opinion of the Court
Opinion and Order:
INTRODUCTION
This matter involves a dispute between depositors and their bank regarding the status of funds deposited in a savings account more than 12 years ago. The depositors have demanded the return of their initial deposit, but the bank claims that the funds have been withdrawn.
BACKGROUND FACTS
On July 5, 1983, plaintiffs Denny Passi ("Denny") and Magdalene Passi set up savings account No. 10851 with defendant Amerika Samoa Bank ("ASB") with an initial deposit of $4,271.27.1 ASB issued plaintiffs a savings account passbook reflecting the initial deposit. Neither the…
2Cases cited8 opinions
- Mesquite State Bank v. Professional Investment Corp.Texas Supreme Court · 1972
- Sears v. Continental Bank & Trust Co.Texas Supreme Court · 1977
- Pierce v. State National BankMassachusetts Supreme Judicial Court · 1913
- Missouri Pacific Railway Co. v. Continental National Bank of CommerceSupreme Court of Missouri · 1908
- First National Bank of Cushing v. KetchumSupreme Court of Oklahoma · 1918
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