Andrew v. Iowa Savings Bank

In 1911 the City of Fort Dodge took advantage of Chapter 61 of the Acts of the 33 G. A. (with some changes and modifications now Chapter 322, Code, 1931), in the creation of a Firemen’s Pension Fund, with the necessary trustees as provided by statute, and there was passed into the hands of such trustees at that time a fund amounting to about $653. On the 13th day of December of that year, they placed the same in a savings account in the Iowa Savings Bank at four per cent interest, no certificate of deposit being issued therefor. This fund remained in said bank, with numerous additions, and…