Stacks v. Buten
Stacks v. Buten
Opinion of the Court
The trial court found that the decedent had assigned her right, interest, and title in and to the moneys and the claim she had as a depositor of the defendant bank to the defendant Fd Buten in consideration'of services rendered and money loaned and advanced by Buten for the decedent at her request and with her consent. The point is
It is contended that the alleged assignment is of no validity under sec. 2319c, Stats. (Supp. 1906; Laws of 1901, ch. 390, sec. 1), which enacts that;
“No gift, sale, assignment or transfer of any saving fund bank book bearing evidence of bank deposits or of any interest in the deposits represented thereby, shall be valid unless the same be in writing and the same or a copy thereof delivered to the bank issuing such bank deposit book.”
The alleged assignment was not delivered to the bank until after the death of Lida Webb, the owner. The defendant Buten delivered the alleged written assignment to the bank on August 13th, after the death of Lida Webb on June 23, 1907.
We regard the judgment of the trial court awarding Buten the relief asked for in his counterclaim as correct.
By the Gowrt. — The judgment of the trial court is affirmed.
Reference
- Full Case Name
- Stacks, Administratrix v. Buten, interpleaded, etc.
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- Banks and, banking: Assignment of bank book: Evidence: Validityr Eotice to bank. 1. Evidence showing, among other things, that defendant had rendered services to plaintiff’s intestate while she was sick and helpless, had advanced moneys to secure necessaries for her,, had at her request attended to her affairs, and that he was in possession of her savings hank deposit book with a slip attached on which was written: “Ed, this is for you. Lida,” and also of withdrawal receipts signed by her, is held to sustain a finding, by the court that said slip was an assignment of the bank book to him by the intestate. 2. A written assignment of a savings bank deposit book may convey title as between the assignor and assignee though not brought to the notice of the bank as required by sec. 2319c (Supp. 1906; Laws of 1901, ch. 390, sec. 1); and death of the assignor does-not cancel such an assignment or prevent the assignee from thereafter making it effective as to the bank by delivering it or a copy to the bank.