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BANK OF NEW YORK v. BRIGHT

No. 2-985A290.

494 N.E.2d 970 (1986)

The BANK OF NEW YORK and Dreyfus Liquid Assets, Inc., Defendants-Appellants, v. Mildred BRIGHT, Plaintiff-Appellee.

Court of Appeals of Indiana, Second District.

June 30, 1986.

Attorney(s) appearing for the Case

M. Kent Newton, Kelly R. Norris, Tabbert & Capehart, Indianapolis, for defendants-appellants.

C. Wendell Martin, Robert L. Hartley, Jr., Martin, Wade, Hartley, Hollingsworth, Indianapolis, for plaintiff-appellee.

RATLIFF, Judge, writing by designation.

STATEMENT OF THE CASE

Appellants, The Bank of New York and Dreyfus Liquid Assets, Inc., appeal from a judgment entered by the Hamilton Circuit Court on a jury verdict in favor of Mildred Bright for $30,000. We affirm.

FACTS

Mildred Bright opened an investment account with Dreyfus Liquid Assets in December, 1981. The Bank of New York, as transfer agent for Dreyfus Liquid Assets, had custody of and...

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