The legal issues presented in this case will be displayed here.

This section contains the nature of the case and procedural background.

Bank invested its minor ward's money in two six month certificates of deposit with itself. During the times the money was not invested in these certificates it was placed in a passbook savings account at the Bank. Bank used this money to make commercial loans and made a profit on the estate's funds during its term as guardian. This suit was instituted to determine if the Bank must account to the estate for that profit. The lower court said no. This appeal resulted.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.