Russell Scott Clark, Jerry Ann Clark, Levi Clifford Clark, Cayleigh Rene, Chance Parker, Whitney Blair Clark, Brett Allen Metcalf, Robin Renee Metcalf Saxon, Branden Dean Metcalf, Shannon Kay Small, Jordan Dane Small and Madison Shae Small v. Wells Fargo Bank, NA., Successor-In-Interest to First Community Bank, NA and the Estate of Parker Williams

CourtCourt of Appeals of Texas
DecidedMarch 27, 2008
Docket01-06-00896-CV
StatusPublished

This text of Russell Scott Clark, Jerry Ann Clark, Levi Clifford Clark, Cayleigh Rene, Chance Parker, Whitney Blair Clark, Brett Allen Metcalf, Robin Renee Metcalf Saxon, Branden Dean Metcalf, Shannon Kay Small, Jordan Dane Small and Madison Shae Small v. Wells Fargo Bank, NA., Successor-In-Interest to First Community Bank, NA and the Estate of Parker Williams (Russell Scott Clark, Jerry Ann Clark, Levi Clifford Clark, Cayleigh Rene, Chance Parker, Whitney Blair Clark, Brett Allen Metcalf, Robin Renee Metcalf Saxon, Branden Dean Metcalf, Shannon Kay Small, Jordan Dane Small and Madison Shae Small v. Wells Fargo Bank, NA., Successor-In-Interest to First Community Bank, NA and the Estate of Parker Williams) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Russell Scott Clark, Jerry Ann Clark, Levi Clifford Clark, Cayleigh Rene, Chance Parker, Whitney Blair Clark, Brett Allen Metcalf, Robin Renee Metcalf Saxon, Branden Dean Metcalf, Shannon Kay Small, Jordan Dane Small and Madison Shae Small v. Wells Fargo Bank, NA., Successor-In-Interest to First Community Bank, NA and the Estate of Parker Williams, (Tex. Ct. App. 2008).

Opinion



Opinion issued March 27, 2008





In The

Court of Appeals

For The

First District of Texas


NOS. 01-06-00896-CV

          01-07-00165-CV

  __________

RUSSELL SCOTT CLARK, JERRY ANN CLARK, LEVI CLIFFORD CLARK, CAYLEIGH RENE, A MINOR CHILD BY AND THROUGH RUSSELL SCOTT CLARK, CHANCE PARKER, A MINOR CHILD BY AND THROUGH RUSSELL SCOTT CLARK, WHITNEY BLAIR CLARK, A MINOR CHILD BY AND THROUGH RUSSELL SCOTT CLARK, BRETT ALLEN METCALF, ROBIN RENEE METCALF SAXON, BRANDEN DEAN METCALF, A MINOR CHILD BY AND THROUGH ROBIN RENEE METCALF SAXON, SHANON KAY SMALL, JORDAN DANE SMALL, A MINOR CHILD BY AND THROUGH SHANON KAY SMALL, MADISON SHAE SMALL, A MINOR CHILD BY AND THROUGH SHANON KAY SMALL Appellants

V.

WELLS FARGO BANK, N.A., SUCCESSOR-IN-INTEREST TO FIRST COMMUNITY BANK, N.A., AND THE PERMANENT ADMINISTRATOR FOR THE ESTATE OF PARKER WILLIAMS Appellees


On Appeal from Probate Court No. 1

Harris County, Texas

Trial Court Cause Nos. 350,072-402 & 350,072-404


MEMORANDUM OPINION

          In this dispute over survivorship rights to several certificates of deposit (“CDs”), appellants, Russell Scott Clark, Jerry Ann Clark, Levi Clifford Clark, Cayleigh Rene, a minor child by and through Russell Scott Clark, Chance Parker, a minor child by and through Russell Scott Clark, Whitney Blair Clark, a minor child by and through Russell Scott Clark, Brett Allen Metcalf, Robin Renee Metcalf Saxon, Bramden Dean Metcalf, a minor child by and through Robin Renee Metcalf Saxon, Shanon Kay Small, Jordan Dane Small, a minor child by and through Shanon Kay Small, Madison Shae Small, a minor child by and through Shanon Kay Small (collectively “Claimants”), contend that the trial court erred in granting summary judgments in favor of appellees, Wells Fargo Bank, N.A., successor-in-interest to First Community Bank, N.A., (“Wells Fargo”) and the Estate of Parker Williams (“the Estate”).

          In three issues, the Claimants contend that (1) the trial court erred in granting Wells Fargo’s motion for summary judgment because Wells Fargo did not move for summary judgment on their tort claims and is not protected from claims by the Texas Probate Code; (2) alternatively, the trial court erred in granting Wells Fargo’s motion for summary judgment because there were fact issues relating to the Claimants’ tort claims; and (3) if Wells Fargo is protected from the Claimants’ tort claims by the Texas Probate Code, the trial court erred in granting the Estate’s motion for summary judgment because they have a statutory right to dispute ownership of the funds paid from the new certificates of deposit (“CDs”) if Wells Fargo is protected from claims and the Claimants presented sufficient evidence to raise a fact issue regarding mistake and ownership. We dismiss the appeal of Wells Fargo’s motion for summary judgment for want of jurisdiction and affirm the Estate’s summary judgment.

Background

          In the early 1990s, Parker Williams opened six CDs with First Community Bank Houston. The CDs, which totaled $1,253,907.50, carried the name of Williams and the Claimants and were each marked as a “Multiple-Party Account with Right of Survivorship.” The Original CDs provided:

Multi-Party Account with Right of Survivorship – The parties to the account own the account in proportion to the parties’ net contributions to the account. We may pay any sum in the account to a party at any time. On the death of a party, the party’s ownership of the account passes to the surviving parties.

Withdrawals – Unless otherwise clearly indicated on the account records, any one of you who signs this form including authorized signors, may withdraw or transfer all or any part of the account balance at any time on forms approved by us.


Williams was the only one who signed the account agreements, and the Claimants were unaware that the CDs existed.

          In July of 2004, Williams met with a Wells Fargo employee in Houston and was told that the CDs were not fully covered by Federal Deposit Insurance Corporation (“FDIC”) insurance. Williams was advised that the First Community Bank San Antonio, N.A. could provide her with the requisite excess deposit insurance coverage. She opened six new, fully-insured, CDs at the San Antonio location. The CDs were set up in Williams’s name, only, and she initialed the “Single-Party Account Without ‘P.O.D.’ Designation” on each of the account agreements. The new accounts provided:

Single-Party Account Without P.O.D. Designation - The party to the account owns the account. On the death of the party, ownership of the account passes as a part of the party’s estate under the party’s will or by intestacy.


One month later, on August 25, 2004,Williams died intestate. The Claimants are not Williams’s heirs or legatees under the laws of intestate distribution.

          On March 23, 2005, upon request from Williams’s administrator, Wells Fargo wired the funds from the CDs to the Estate. One month later, on April 29, 2005, the Claimants filed a presentment of claim in the probate court demanding payment of the CDs. The Estate denied the claim, and Wells Fargo filed an original petition for declaratory judgment seeking (1) a determination of the construction and validity of the CDs, (2) a declaration of rights, status, or other legal relations between Wells Fargo, Williams’s estate, and the Claimants; (3) a declaration of rights, if any, of the Claimants to the CDs at the time of Williams’s death; and (4) a determination of any other questions as to any of the Claimants’ ownership of the CDs, other than as Williams’s heirs. The Claimants filed an original third-party petition seeking resolution to the same declarations presented by Wells Fargo.

          Three months later, on May 17, 2006, Wells Fargo filed a traditional motion for interlocutory summary judgment seeking resolution by the trial court of (1) the validity and enforceability of the account documents underlying the Original CDs, (2) whether Williams was a person with the right to withdraw or transfer the funds represented by the Original CD, (3) whether Williams had the right to withdraw or transfer at any time all or any part of the funds represented by the Original CD, and (4) Wells Fargo’s discharge from claims for amounts paid by or on behalf of Wells Fargo to Williams as proceeds from the Original CDs. After moving for summary judgment, Wells Fargo amended its petition for declaratory relief to request that the court

a.determine that the account documents underlying the Original CDs are valid and enforceable against Claimants.

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Russell Scott Clark, Jerry Ann Clark, Levi Clifford Clark, Cayleigh Rene, Chance Parker, Whitney Blair Clark, Brett Allen Metcalf, Robin Renee Metcalf Saxon, Branden Dean Metcalf, Shannon Kay Small, Jordan Dane Small and Madison Shae Small v. Wells Fargo Bank, NA., Successor-In-Interest to First Community Bank, NA and the Estate of Parker Williams, Counsel Stack Legal Research, https://law.counselstack.com/opinion/russell-scott-clark-jerry-ann-clark-levi-clifford-clark-cayleigh-rene-texapp-2008.