120 Neb. 252 | Neb. | 1930
The Citizens National Bank of Wisner, appellee, hereinafter called the bank, instituted this action to have determined the ownership of two certificates of deposit, one for
The issues joined by the executor and the church being .as heretofore indicated, this action is one in equity as distinguished from one at law, and is controlled by sections 3549-8552, Comp. St. 1922, governing interpleader. Shellenberg v. Fremont, E. & M. V. R. Co., 45 Neb. 487; Hartford Life & Annuity Ins. Co. v. Cummings, 50 Neb. 236; Farming Corporation v. Bridgeport Bank, 113 Neb. 323.
Under section 9150, Comp. St. 1922, entitled “Review on Appeals in Equity,” it is made our duty “to retry the issue or issues of fact involved in the finding or findings of fact complained of upon the evidence preserved in the bill of exceptions, and upon trial de novo of such question or questions of fact, reach an independent, conclusion as to what finding or findings are required under the pleadings and .all the evidence, without reference to the conclusion reached in the district court or the fact that there may be some evidence in support thereof.”
The bank claims no interest in the certificates other than that of a trust in the fund covered thereby, and brings such fund into court for distribution under its direction to the. party entitled thereto. The church claims to be the owner of these certificates by reason of a claimed gift thereof to it by Michael McNamara, as evidenced by the indorsement made on each certificate by him, and denied that the executor is entitled thereto. The executor in his answer and cross-petition alleges that he is entitled to such certificates by reason of his trusteeship, and denies the claim of the
The bill of exceptions consists of over 500 pages of typewritten matter. We have acquainted ourselves with its every content, and find: That McNamara was, at the time of the claimed gift of these certificates to the church, a man 84 years of age, and abnormally weak in both body and mind; that he did not intend to make a gift of such certificates to the church as by it alleged, or otherwise; that while it might not have been the intent of those dealing with him, in securing the claimed transfer of the certificates, to overreach him, they certainly did so; that the only intent of McNamara, if any intent he had, was to liquidate the balance of $3,000 owing by him on a previously promised subscription to the church of $5,000, on which he had paid $2,000; that he did not, by the transaction, vest the church with the title and ownership of such certificates, or the proceeds thereof; that in equity and good conscience the proceeds of these certificates belong to his estate. However, as it is evident that he owes the church the $3,000, and as it is quite plain from the record that it was his desire that the same be paid out of the proceeds of such certificates, and as to so pay the $3,000 meets with no objections from the executor, and as this court now has jurisdiction of the parties and the subject-matter, in order that full and complete justice may be here meted out, and this matter, so annoying to every party and person connected.therewith, may be judiciously determined, it is considered by us that the judgment of the trial court be set aside, and that decree be entered providing that of the $9,119.76 paid into court the entire taxable costs of the trial court and this court be
The judgment of the district court is reversed and the cause remanded, with directions to enter decree in harmony with this opinion.
Reversed.