Estate of Lyons: Claim of Munster and Leinster Bank

JurisdictionIreland
Judgment Date01 January 1940
Date01 January 1940
CourtLand Commission (Ireland)
(L.C.),
Estate of Lyons: Claim of Munster and Leinster Bank

No operations on account for long period - Half yearly statements furnished by bank - Such statements sufficient to keep account open.

The fact that a bank has furnished half yearly statements of account to a customer and obtained statements from him acknowledging his indebtedness, is sufficient to raise a presumption that the account is still open. A bank claimed an equitable mortgage by the deposit of a Land Judges' conveyance. The account...

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