Estate of Lyons: Claim of Munster and Leinster Bank

• Jurisdiction: Ireland
• Judgment Date: 01 January 1940
• Date: 01 January 1940
• Court: Land 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...