Murgic v. Granite City Trust & Savings Bank

This case again involves the effect to be given joint tenancy bank accounts. Plaintiff, Peter A. Murgic, the surviving joint tenant, brought this action against the depositary bank for the proceeds of a savings account in his name and one Mike Yurkovich. Illinois State Trust Company, administrator of Yurkovich’s estate, was interpleaded and appealed to the Appellate Court, Fifth District, from a judgment on the jury’s verdict in favor of Murgic. The Appellate Court reversed (46 Ill. App. 2d 334) and we granted leave to appeal.

Yurkovich and Murgic went to the bank to open a joint account. A…