Halsted

Halsted v. Central Savings Bank

Good Law
36 Cal. App. 500·172 P. 613
Court of Appeal of CaliforniaMarch 12, 1918Civ. 2302; Civ. 2304California1,012 words

Opinion

Lead Opinion

Beasly, J.

These two cases arose out of the deposit of certain moneys in the defendant banks by James Mandeville Halsted, deceased, in the names of himself and his foster sister and housekeeper, Anna N. Collins.

On the eighth day of March, 1913, the deceased deposited with the Union Savings Bank the sum of $12,915.87, and at the time signed with Mrs. Collins an agreement relating to this deposit which in substance provided that all moneys then on deposit or at any time thereafter to be deposited by either of them to the credit of this account were to be received by the bank on condition that the amounts thereof and all dividends thereon should be paid by the bank to the depositors, or either of them, or to the survivor of them, or to the personal representatives or assigns of such survivor, without reference to the original ownership of the moneys. This deposit was made in the names of James M. Halsted and Mrs. Anna Collins. Halsted at the time of making this deposit - was in perfect health. He told Mrs. Collins, as she testified in response to questions by appellants’ attorney, that this money was for her; that he wanted her to have it just as soon as anything happened to him; that he gave…

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