Teel v. Bank of Eureka

Respondent, an elderly lady (85 years of age), on or about February 6, 1936, executed a deed to certain real property to her son, Otto Teel. The deed was delivered to appellant, “The Bank of Eureka”, placed in an envelope with another deed to another son with the following instructions typed upon the envelope containing both deeds: “To be delivered upon my death and in no event to be withdrawn by me”. Said instructions were subscribed by respondent in her own handwriting, the only consideration for the deed involved being an oral promise by the grantee to maintain and support his mother…