Magee v. Westmoreland

OPINION

ESQUIVEL, Associate Justice.

This is a limited appeal from that portion of a judgment in a declaratory judgment suit declaring that funds represented by a certificate of deposit passed to the estate of the deceased individual named on the certificate and not to the surviving named individual on the certificate. We affirm.

On February 25, 1981, Mary Louise Haag contacted the Charles Schreiner Bank of Kerrville, Texas, and expressed her desire to purchase a certificate of deposit in the amount of $100,000.00. On that date, she executed and delivered to the bank a simple interest unsecured…