Wells v. Citizens Bank of Albany

Opinion op the Court by

Creal, Commissioner

Beversing.

On January 31, 1932, the Citizens Bank of Albany issued to S. M. Wells a certificate of deposit reading:.

“S. M. Wells has deposited in this Bank Twenty Six Hundred Seventy One Dollars Seventy Eight Cents, payable to the order of himself in current funds 12 months after date on the return of this certificate properly indorsed with interest at the rate of 4 per cent, per annum for the time-specified. If this certificate is not returned for payment at maturity, this Bank may require thirty days notice of the time when payment will be-required.

“T…