Grill v. Manhattan Savings Institution

This action was brought by the above-named administrator to recover of the defendant the sum of $1,259.67, the amount on deposit to the credit of the decedent. As a first, separate and distinct defense, the defendant, in its answer, alleges: (1) That repayment of its deposits is subject to the provisions of the Banking Law of the State of New York; that, pursuant to such provisions, the defendant adopted certain by-laws and regulations governing the repayment of deposits, and that, among such provisions, is .the following: “ but no person shall have the right to demand any part of his…