California Trust Co. v. Bennett

204 P.2d 324, 33 Cal. 2d 694, 1949 Cal. LEXIS 230
CourtCalifornia Supreme Court
DecidedMarch 31, 1949
DocketL. A. 20584
StatusPublished
Cited by31 cases

This text of 204 P.2d 324 (California Trust Co. v. Bennett) is published on Counsel Stack Legal Research, covering California Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
California Trust Co. v. Bennett, 204 P.2d 324, 33 Cal. 2d 694, 1949 Cal. LEXIS 230 (Cal. 1949).

Opinions

GIBSON, C. J.

The executor of the will of Charlotte Bennett, deceased, appeals from a judgment awarding to defendant, the husband of decedent, the sum of $7,950 which was originally her separate property. The money was in a safe deposit box at the time of her death, and the principal question presented on appeal is whether the record supports the trial court’s conclusion that defendant and his wife held the contents of the box in joint tenancy.

The box was rented from a bank by decedent in August, 1945, about six months before her death. At that time she told the bank clerk that she wanted her husband to have access to the box and that she wanted him to have its contents if she should die. The clerk then gave her a signature card entitled “Co-Renters Agreement (Survivor to Have Exclusive Right of Access)” which provided as follows: “The undersigned hereby rent the above numbered safe deposit box. ... We jointly and severally agree with you and with each other that: 1. Right of access to said box shall be had and surrender of the same be made by either of us without consent of or notice to the other. 2. We will immediately notify the Bank of the death of any person who at the time of his death had the right or privilege of access to said safe deposit box and will not seek access to said box at any time after the death of such person until it has been examined and released in accordance with all inheritance and estate tax laws and regulations then in effect. ... 4. Upon the death of either of us, the survivor is and shall for every purpose be the sole renter of said box, with the exclusive right of access thereto and possession of the contents thereof. We hereby, jointly and severally, agree to save you, your sue[696]*696cessors and assigns, harmless from and against any and all demands, liabilities, loss, damages, or expense of whatsoever kind or nature, including attorneys’ fees, which you shall at any time sustain or incur by reason or in consequence of your relying or acting upon any of the agreements, declarations, conditions, and regulations contained herein or printed on the reverse of the aforesaid rental receipt. This agreement shall be binding upon the heirs, legatees, devisees, administrators, executors, successors and assigns of each of the undersigned. ...”

Defendant testified that when decedent brought the card home for him to sign she told him that if anything happened to her she wished him to have the contents of the box. Decedent’s sister testified that decedent placed $8,000 “in her own box in the name of” defendant husband.

Plaintiff executor contends that the judgment must be reversed, arguing (1) that section 683 of the Civil Code requires a writing for the creation of a joint tenancy interest in personal property, (2) that the rental card is insufficient standing alone to satisfy this statutory requirement, and (3) that the decedent’s declarations and the circumstances surrounding the execution of the rental card are not admissible to- explain and amplify its terms.

The general statutory provisions relating to the creation of a joint tenancy are contained in section 683 of the Civil Code which reads: “A joint interest is one owned by two or more persons in equal shares, by a title created by a single will or transfer, when expressly declared in the will or transfer to be a joint, tenancy, or by transfer . . . from a husband and wife when holding title as community property or otherwise to themselves or to themselves, and others when expressly declared in the transfer to be a joint tenancy. . . . A joint tenancy in personal property may be created by a ivritten transfer, instrument or agreement. Provisions of this section shall not restrict the creation of a joint tenancy in a bank deposit as provided for in the Bank Act. ’ ’

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Cite This Page — Counsel Stack

Bluebook (online)
204 P.2d 324, 33 Cal. 2d 694, 1949 Cal. LEXIS 230, Counsel Stack Legal Research, https://law.counselstack.com/opinion/california-trust-co-v-bennett-cal-1949.