Elgersma v. Sheldon National Bank

On March 19, 1917, defendant bank, by its assistant cashier, Burkle, issued to appellant a certificate of deposit as follows:

“This certifies that Nick Elgersma, Gdn. for Mary Elgers-ma, has deposited with the Sheldon National Bank six hundred twenty-three and 35-100 dollars ($623.35) payable to the order of self in current funds 6-12 months after date, on return of this certificate properly indorsed, with interest at the rate of 5 per cent per annum. No interest after maturity. Nonnegotiable. Not subject to check.”

Appellant did not return the certificate, properly indorsed. Notwithstanding…