Legal Opinion

Dufresne v. American National Bank & Trust Co.

Court of Appeals of Minnesota

Decided October 1, 1985No. C4-85-652PublishedCited by 3 opinions

1Opinion of the Court

OPINION

LANSING, Judge.

American National Bank and Trust Co. appeals from a summary judgment requiring it to pay respondent beneficiaries their three-fourths share of a certificate of deposit issued by the bank to their grandmother as trustee and presented by respondents to the bank upon their grandmother’s death. We affirm.

FACTS

Ada Pasch, age 80, purchased a certificate of deposit in the sum of $13,745.32 from American National Bank and Trust Company on January 1, 1980, payable with interest on maturity on July 2, 1982. The certificate was designated as a trust account as defined by Minn.Stat.…

2Cases cited15 opinions

  1. Association of Data Processing Service Organizations, Inc. v. CampSupreme Court of the United States · 1970
  2. Harrison Western Corporation, a Florida Corporation v. Gulf Oil Company, a Pennsylvania CorporationCourt of Appeals for the Tenth Circuit · 1981
  3. Buchman Plumbing Co., Inc. v. Regents of the U. of M.Supreme Court of Minnesota · 1974
  4. Peoples Bank v. BaxterCourt of Appeals of Tennessee · 1956
  5. Northern National Bank v. Northern Minnesota National BankSupreme Court of Minnesota · 1955

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3Cited by3 opinions

  1. Greeling v. AbendrothAppellate Court of Illinois · 2004
  2. Dufresne v. American National Bank & Trust Co.Court of Appeals of Minnesota · 1985
  3. Greeling v. AbendrothAppellate Court of Illinois · 2004

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