Gardner' Estate

Citations

• 228 Pa. 282
• 77 A. 509
• 1910 Pa. LEXIS 477

Syllabus

<p>Banks and banking■ — Certificates of deposit — Statute of limitations— Partnership — Death of partner.</p> <p>A certificate of deposit issued by a banking house and payable to 'the order of the depositor upon the return of the certificate is not due or suable until return of it and demand has been made for the money, from which time the statute of limitations begins to run; and it is no defense against a claim on such a certificate that demand had not been made within six years from its maturity; but where the banking house consists of a partnership, and one of the partners dies after a certificate of deposit has been issued and has matured, demand for its payment from his estate must be made within six years from the date of the death of the partner, or it will be barred by analogy to the statute of limitations.</p>