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ROSENSTEIN v. MECHANICS & FARMERS BANK

No. 8014SC784.

276 S.E.2d 710 (1981)

Robert N. ROSENSTEIN v. MECHANICS & FARMERS BANK and Wilma L. ROSENSTEIN v. MECHANICS AND FARMERS BANK.

Court of Appeals of North Carolina.

April 7, 1981.

Attorney(s) appearing for the Case

Mount, White, King, Hutson, Walker & Carden by Richard M. Hutson, II, and Nye, Mitchell, Jarvis & Bugg by Charles B. Nye, Durham, for plaintiffs-appellees.

James B. Craven, III, Durham, for defendant-appellant.

HILL, Judge.

Four questions are raised by the bank on appeal, but we find one to be dispositive. Did the court err in finding and concluding that the Robertses' savings accounts were validly assigned to the Rosensteins?

It is undisputed that a savings account may be assigned or transferred by a depositor. Lipe v. Bank, 236 N.C. 328, 72 S.E.2d 759 (1952). This is simple contract law...

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