Bank of New York v. Bright
Indiana Court of Appeals
1Opinion of the Court
RATLIFF, Judge,
writing by designation.
STATEMENT OF THE CASE
Appellants, The Bank of New York and Dreyfus Liquid Assets, Inc., appeal from a judgment entered by the Hamilton Circuit Court on a jury verdict in favor of Mildred Bright for $30,000. We affirm.
FACTS
Mildred Bright opened an investment account with Dreyfus Liquid Assets in December, 1981. The Bank of New York, as transfer agent for Dreyfus Liquid Assets, had custody of and administered this account. By October, 1982, Mildred's account had a balance of $6,165.84.
Sometime near the end of September, 1982, the bank received instructions…
Also in this document: Concurrence.
2Cases cited29 opinions
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