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McILROY BANK & TRUST CO. v. COMSTOCK

No. CA 84-101.

678 S.W.2d 782 (1984)

13 Ark.App. 13

McILROY BANK & TRUST COMPANY, Appellant, v. Lavonne COMSTOCK, Appellee.

Court of Appeals of Arkansas. En Banc.

November 7, 1984.

Attorney(s) appearing for the Case

Ball, Mourton & Adams by Stephen E. Adams, Fayetteville, for appellant.

Davis & Bracey, P.A. by Charles E. Davis, Springdale, for appellee.

MAYFIELD, Judge.

Eva Denny purchased three certificates of deposit from appellant bank payable to herself or Mrs. LaVonne Comstock or Eva Jo Browne, her daughters. Shortly after Denny's death, Browne went to the bank and asked that they not cash the certificates without notifying her. Authorities of the bank agreed although the bank was not given a written notice of an adverse claim. Subsequently, Mrs. Comstock presented the certificates to the bank for payment. The...

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