McDonald v. Treat

George Rose Smith, Justice.

Mrs. Ollie A. Horne, 84 died in October, 1978. At her death she had a savings account, No. 1410571, amounting to $13,061.44, in the First Federal Savings & Loan Association of Paragould. As the proof in this case later showed, First Federal did not have in its possession any document signed by Mrs. Horne stating how the account was to be payable on her death. Nevertheless, First Federal paid the amount in the account to Mrs. Horne’s niece, the appellant Nella Faulk McDonald, in the belief that the account was payable to her upon Mrs. Horne’s death. The appellee…