HOWARD SAVINGS INSTITUTION v. QUATRA


38 N.J. Super. 174 (1955)

118 A.2d 121

HOWARD SAVINGS INSTITUTION, ETC., AND FRANKLIN SAVINGS INSTITUTION OF NEWARK, N.J., PLAINTIFFS, v. MARIA QUATRA, AN INFANT, ETC., AND ROSE QUATRA, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided November 9, 1955.


Attorney(s) appearing for the Case

Messrs. Smith, Slingerland, Trauth & Holtz (Mr. David Trauth, appearing), attorneys for plaintiffs.

Mr. James R.E. Ozias, guardian ad litem of defendant Maria Quatra, an infant, pro se (Mr. Stuart A. Yaung, Jr., of counsel).

Mr. Jack Trugman, attorney for defendant Rose Quatra (Mr. Samuel H. Nelson, of counsel).


DREWEN, J.C.C. (temporarily assigned).

Suit is brought by the plaintiff banks primarily for instructions respecting the disposition of funds in the "trust deposit" account opened in each of them by decedent Tom Quatra in his lifetime. The plaintiff institutions will be referred to respectively as Franklin and Howard.

The account in Franklin was opened October 4, 1948, under the designation "Tom Quatra, in trust...

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