Union Trust Co. v. Mullineaux

When the national bank holiday was declared on March 4th, 1933, there was a savings account, showing a balance of $3680.95, in the Liberty Branch of the Union Trust Company of Maryland, entered in the following form: “In account with Erven Mullineaux, in trust for self and Lillie Mullineaux, joint owners, subject to the order of either, the balance at the death of either to belong to the survivor.” On March 21st, 1933, the bank was reopened under restrictions which made only five per cent, or $184.05, of the deposit! available in cash, and that amount was, withdrawn by Mr. Mullineaux on the…