Peoples Savings Bank v. Staples
This text of 1 R.I. Dec. 37 (Peoples Savings Bank v. Staples) is published on Counsel Stack Legal Research, covering Superior Court of Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This is a bill of interpleader to determine the ownership of a savings bank deposit.
While the testimony is somewhat conflicting, yet we are unable to see how the great bulk of the money could have come from anybody but the respondent, Harrison. We therefore find that all of the money, except the first deposit of $100, was the money of the respondent, Harrison, given by him to the woman who was living with him, who made the deposit, and that it was given with the intention of retaining ownership in it.
We find, therefore, that the respondent, Harrison, is entitled to all of the account except the first $100, with compound interest1 from the date of deposit.
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Cite This Page — Counsel Stack
1 R.I. Dec. 37, Counsel Stack Legal Research, https://law.counselstack.com/opinion/peoples-savings-bank-v-staples-risuperct-1924.