Polonsky v. Union Federal Savings & Loan Ass'n

11 Mass. App. Dec. 112
CourtMassachusetts District Court, Appellate Division
DecidedMarch 8, 1956
DocketNo. 382220
StatusPublished
Cited by1 cases

This text of 11 Mass. App. Dec. 112 (Polonsky v. Union Federal Savings & Loan Ass'n) is published on Counsel Stack Legal Research, covering Massachusetts District Court, Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Polonsky v. Union Federal Savings & Loan Ass'n, 11 Mass. App. Dec. 112 (Mass. Ct. App. 1956).

Opinion

Riley, J.

This action seeks recovery from the defendant bank of the sum of $1,182.44, the total amount that was on deposit in said bank in the names of Ruth Polonsky and Morris Polonsky (husband and wife) from a date no earlier than July 14, 1953 to November 9, 1953.

The evidence discloses that the said account, prior to at least July 14, 1953, had stood in the names of Morris Polonsky and his father as joint depositors, the father having died prior to said date. That on July 14, 1953, Morris Polonsky visited the defendant bank for the purpose of having the account changed to an account in the name of his wife and himself, jointly. That Ruth, his wife, the present plaintiff, did not appear at the bank when her husband opened the joint account in question, but she knew that he was doing so. She left it to him to manage the affair in so far as the bank was concerned and he was representing her for the purpose of opening this account. That she (the plaintiff) never saw the bankbook which was issued in the names of herself and her husband, nor had she ever seen the earlier book held by her husband (Morris) in his name and that of his father, jointly.

[113]*113That when the plaintiff’s husband (Morris) went to the bank and signed a temporary signature card with his own name and the name of the plaintiff (his wife), the bank teller handed him a bankbook, and a permanent form of signature card to take home for signature by his wife and himself; that later he returned with the permanent card bearing both signatures. That when Morris took the bankbook home, he placed it in a drawer with other personal papers and records, and that he did not have reason to look at it again until about six months later, when he had occasion to check up on the existence of the bankbook and found that it was missing; that thereupon he went to the bank and was informed that the account had been closed by withdrawal and was shown the withdrawal slip dated November 9, 1953 bearing the purported signature of Mrs. Ruth Polonsky; that he conferred with his wife (the plaintiff) and that both of them visited the bank, looked at the withdrawal slip and that the plaintiff denied the authenticity of the signature thereon; that the check that was issued on said November 9, 1953 payable to the name Ruth Polonsky, was cashed at the State Street Trust Company upon the endorsement of the female who presented it and endorsed “Ruth Polonsky”, and that said person was not the plaintiff.

There was further evidence that the signature “Mrs. Ruth Polonsky” appearing on the withdrawal slip was a forgery; that said slip had been presented by a female; that a teller at the defendant bank compared the signature thereon with the signature carried on file, and, relying upon her judgment as to its genuineness ordered the check to be issued, which check was signed by an officer of the defendant bank.

It appeared in evidence that the bankbook that was issued in the names of Ruth and Morris Polonsky and given to Morris on July 14, 1953, was identical with all other bankbooks issued by the defendant company; [114]*114was in the same form as the bankbook which previously had been issued to Morris and his father; and that its form was approved by the Federal Home Loan Bank of Boston, which is the local representative of the Federal Savings and Loan System.

The by-laws of the defendant bank together with the rules and regulations of the Federal Savings and Loan System, and a Home Owners’ Loan Act of 1953, as amended, under which law the defendant bank was organized, were all in evidence.

A sample copy of a bankbook of the defendant bank was placed in evidence, particularly the wording appearing on the inside cover thereof: to wit, "This Association shall not be held responsible for money paid out to any person unlawfully presenting this book.”

Both Mr. and Mrs. Polonsky were literate persons.

At the close of the trial and before final argument the defendant filed the following requests for rulings of law and the trial judge acted thereon respectively as indicated below:

“1. As a matter of law, the evidence in this case does not warrant a finding for the plaintiff. Denied.
2. As a matter of law, the evidence in this case does not warrant a finding that the defendant was negligent. I do not find that the defendant was negligent.
3. The account with the defendant bank having been evidenced by a passbook and the said passbook having been presented at the time payment was made by the bank, there can be no liability upon the part of the bank unless the defendant was negligent. Denied. See findings and supplementary rulings.
4. The obligation of a bank in regard to comparison of signatures on a savings account when the savings bankbook has been presented, simultaneously with the request for withdrawal of the fund, is merely to exercise reasonable care in connection with the comparison of signatures. Denied. See findings and supplementary rulings.
5. The legend printed upon the passbook which was issued by the bank to the plaintiff to the effect that 'This Association [115]*115shall not be held responsible for money paid out to any person unlawfully presenting this book’ was valid and binding as to the plaintiff. Denied. See findings and supplementary rulings.
6. This plaintiff having accepted and retained her passbook issued by the defendant bank, in which there was printed the following language: ‘This Association shall not be held responsible for money paid out to any person unlawfully presenting this book’ cannot now be heard to say that she did not assent to the said provision as one of her terms of contract with the defendant bank. Denied. See findings and supplementary rulings.
7. The inclusion of a count in tort adds nothing to the defendant’s liability: its sole liability in the state of the evidence was to abide by its contract — if it negligently broke its contract with the plaintiff, the rights of the plaintiff must still be in contract. Immaterial Finding is on contract count.
8. The provision as to payment to unauthorized persons, appearing in the passbook, does not have to be in the nature of a bank by-law: it is binding on the plaintiff if clearly made known in the bankbook. Kergald v. Armstrong Transfer Express Co., 330 Mass. 254: with citations which contain instances other than By-laws, e.g., Redpath v. Western Union, 112 Mass. 71. Denied. See findings and supplementary rulings.
9. The bankbook having been presented to the bank simultaneously with the request for withdrawal, the bank is not liable if a reasonably prudent bank-teller would have considered the signature on the withdrawal slip to be the signature appearing on the membership card. Denied. See findings and supplementary rulings.

Findings and Supplementary Rulings.

"I find that the funds standing in the joint account of the plaintiff and her husband in the defendant association were paid out by the latter to an impostor who forged the name of the plaintiff to the withdrawal slip which she tendered with the bankbook at the time payment was made to her.

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Bluebook (online)
11 Mass. App. Dec. 112, Counsel Stack Legal Research, https://law.counselstack.com/opinion/polonsky-v-union-federal-savings-loan-assn-massdistctapp-1956.