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BULLIS v. SECURITY PAC. NAT. BANK

Docket No. L.A. 30711.

21 Cal.3d 801 (1978)

582 P.2d 109

148 Cal. Rptr. 22

WILLIAM M. BULLIS, as Trustee, etc., et al., Plaintiffs and Respondents, v. SECURITY PACIFIC NATIONAL BANK, Defendant and Appellant.

Supreme Court of California.

August 10, 1978.

Attorney(s) appearing for the Case

COUNSEL

Sheppard, Mullin, Richter & Hampton, Pierce T. Selwood and Thomas C. Nelson for Defendant and Appellant.

Schurmer, Drane, Bullis & McCarthy, Walter H. Drane, Ellis J. Horvitz and Arthur E. Schwimmer for Plaintiff and Respondent.

OPINION

BIRD, C.J.

Security Pacific National Bank appeals a judgment for damages in favor of respondents, heirs of the estate of Florence McNaghten. This court must decide whether a bank's failure to require the signatures of both of an estate's co-executors for withdrawals from an estate account was sufficient to hold the bank liable for misappropriations from that account by one of the executors.

I

Florence Edna...

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