THOMAS v. ESTATE OF EUBANKS

No. 50234.

358 So.2d 709 (1978)

Doyle THOMAS v. ESTATE of Mrs. Ruby EUBANKS, Deceased, Miss Lottie Thomas, Administratrix and the Mechanics Savings Bank.

Supreme Court of Mississippi.

May 3, 1978.


Attorney(s) appearing for the Case

Gibson & Newlin, Donald F. Newlin, Bruce, for appellant.

Moore & Moore, Paul M. Moore, Sr., Calhoun City, for appellees.

Before SUGG, WALKER and COFER, JJ.


SUGG, Justice, for the Court:

This appeal involves the question of whether a certificate of deposit payable to the order of two persons in the alternative created a joint account with the right of survivorship. On April 6, 1973 the Mechanics Bank of Water Valley, Mississippi issued a certificate of deposit in the amount of $14,000 payable as follows:

Mrs. Ruby Eubanks has deposited in this Bank $14,000.00 payable...

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