ÿWPCÇ- …# VUNa %¯ 0(µU<Ýw@ 4Y m | UD„ 0lÈ 0D4 0Jx 0T 0^ 0ht 0rÜ 0|N 0†Ê 0P 1uà U,U 0dU,åU>B)ODCx AM» B D3%U*X$‚ 0@¦‘æZwv~Ñ$vÓO& AO",Æq, 0D7- D/{- Bª-˜HP LaserJet 4Si/4SiMX PS 600dpiPSCRIPTÀÌÀääÀÀÌ0 (ÈhH  Z ‹6Times New Roman RegularX($¡¡-šBu Z‹$Arrus BT Roman -D./D0D12U3î4Ó€>?DÒ FF¦~¦3|x?8 ±ZŠ,Century-WP Regular((3üÝ$¤¤Ý ƒ!ÝÝ  Ýà  àòòÚ  Ú0Ú  Úóó(#Ã$òòÚ  Ú0Ú  Úóó2 ÿÿ0Indent1Ô2ÔÔ3  Ô2" ÿÿ0Indent2à0 àÔ2ÔÔ3  Ô2, ÿÿ0Indent3à0 àà0 àÔ2ÔÔ3  Ô26 ÿÿ0Indent4à0 àà0 àà0 àÔ2ÔÔ3  Ô2@ ÿÿ0Indent5à0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô2J ÿÿ0Indent6à0 àà0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô2T ÿÿ0Indent7à0 àà0 àà0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô2^ ÿÿ0Indent8à0 àà0 àà0 àà0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô ÿÿ?AGMSYaioIndent0I.A.1.a.(1)(a)i)a)< Œ 9p`(ModernP ÿÿ8Mac DefaultMac DefaultÓ ` °šXÓ< Œ 9p`(Monaco< Œ 9p`(&Times New Roman% Line 7 d&&&&7Border 1dd€-'Cþÿ << Gÿÿ d))))'ÿÿdxd< Œ 9p`(Arial Ý ƒ!ÝÑ  ÑÑ#€d#ÑÔ€ÔÔ€%ÔÝ  ÝÔ€+ÔÔ€+ÔÓ  Óò òÔ YYY ÔFILEDÔ€+XÔÌÌAugust€28,€1996ÌÌCecil€W.€CrowsonÌAppellate€Court€ClerkÔ  Ôó ó("ÿÿ$££Ò  ÒÒ  Ò ‡Ý ƒ!ÝÑ#€d#ÑÔ€ÔÔ€%ÔÝ  ÝÝ ƒ $Ýà àòòÚ  ÚÚ  ÚóóÝ  ÝÔ€ ÔThe€record€consists€of€what€was€formerly€known€as€the€technicalÏrecord€and€includes€an€affidavit€of€a€bank€employee€whose€signatureÏapparently€appears€on€the€certificates€of€depositÔ€%Ô.Ì PÝ ƒ!ÝÑ#€d#ÑÔ€ÔÔ€%ÔÝ  ÝÝ ƒ $Ýà àòòÚ  ÚÚ  ÚóóÝ  ÝÔ€ ÔT.C.A.€€ðð€45„2„703€provides€in€pertinent€part:ÌÌà8 àà8 àò ò45„2„703.€Deposits€in€two€or€more€names€„ÏMultiple„party€deposit€accounts.€ó ó„€(a)€When€aÏdeposit€has€been€made€or€shall€hereafter€be€made,Ïin€any€bank,€in€the€names€of€two€(2)€or€moreÏpersons,€payable€to€either,€or€survivor,€suchÏdeposit,€or€any€part€thereof,€or€any€interest€orÏdividend€thereon,€may€be€paid€to€either€of€suchÏpersons,€whether€the€others€be€living€or€not;€andÏthe€receipt€or€acquittance€of€such€person€so€paidÏshall€be€a€valid€and€sufficient€release€andÏdischarge€to€the€bank€for€any€payment€so€made.€ÏAny€balance€so€created,€including,€withoutÏlimitation,€any€balance€held€by€spouses,€shall€beÏsubject€to€assignment€by,€or€the€claim€of€anyÏcreditor€of,€either€depositor,€as€if€such€depositorÏwere€the€sole€owner€of€the€funds;€provided,€that€ifÏsuch€creditor€realizes€its€claim€by€any€means€otherÏthan€enforcement€of€an€assignment,€pledge,€or€theÏgrant€of€a€security€interest€made€by€any€one€(1)€ofÏsuch€depositors,€any€other€depositor€not€indebtedÏto€the€creditor€may,€by€commencing€a€separateÏaction€against€the€creditor,€establish€such€rightsÏas€that€depositor€may€have€in€the€funds.ÌÌà8 àà8 àà àà à*à àà à*à àà à*ÌÌà8 àà8 à(d)(1)€When€opening€a€multiple„party€depositÏaccount,€or€amending€an€existing€deposit€account€soÏas€to€create€a€multiple„party€deposit€account,€eachÏbank€shall€utilize€account€documents€which€enableÏthe€depositor€to€designate€ownership€interestÏtherein€in€terms€substantially€similar€to€theÏfollowing:ÌÌà8 àà8 àà8 à(A)€Joint€tenants€with€right€ofÏsurvivorship;Ìà àà àà à(B)€Additional€authorized€signatory;€andÌà8 àà8 àà8 à(C)€Such€other€deposit€designation€asÏmay€be€acceptable€to€the€bank.€€ÌÌà8 àà8 à(2)€Account€documents€which€enable€the€depositorÏto€indicate€the€depositorððs€intent€of€the€ownershipÏinterest€in€any€multiple„party€deposit€account€mayÏinclude€any€of€the€following:ÌÌà8 àà8 àà8 à(A)€The€signature€card;Ìà8 àà8 àà8 à(B)€The€deposit€agreement;Ìà8 àà8 àà8 à(C)€A€certificate€of€deposit;Ìà8 àà8 àà8 à(D)€A€document€confirming€purchase€ofÏa€certificate€of€deposit;€orÌà8 àà8 àà8 à(E)€Such€other€document€provided€by€theÏbank€or€deposit€institution€whichÏindicates€the€intent€of€the€depositor.Ìà8 àà8 à(e)€Accounts€described€in€subsection€(c)€shallÏestablish€the€following€interests:Ìà8 àÌà8 àà8 à(1)€A€designation€of€ð ðjoint€tenants€with€right€ofÏsurvivorship,ðð€or€òòò òsubstantially€similarÏlanguageó óóó,€shall€be€conclusive€evidence€in€anyÏaction€or€proceeding€of€Ìà8 àà8 àthe€intentions€of€all€named€that€title€vests€in€theÏsurvivorship;ÌÌà8 àà8 à(2)€The€designation€of€a€person€as€ð ðadditionalÏauthorized€signatory,ðð€or€substantially€similarÏlanguage,€shall€be€conclusive€evidence€in€any€actionÏor€proceeding€that€the€person€so€designated€hasÏpower€of€attorney€with€respect€to€such€account€andÏis€not€an€owner€of€such€account;ÌÌà8 àà8 à(3)€Other€designations€acceptable€to€the€bank€shallÏestablish€interests€in€accordance€with€theirÏrespective€provisions;€andÌÌà8 àà8 à(4)€In€the€absence€of€any€specific€designation€inÏaccordance€with€subsection€(d),€property€held€underÏthe€title,€tenancy€by€the€entireties,€carries€a€rightÏof€survivorship;€property€held€under€the€title,€jointÏtenancy,€carries€no€right€of€survivorship€unless€aÏcontrary€intention€is€expressly€stated.€€Any€otherÏperson€to€whose€order€the€accounts€or€certificateÏof€deposit€is€subject€shall€be€presumed€to€haveÏpower€of€attorney€with€respect€thereto€and€not€toÏbe€an€owner€thereof.€€Such€presumptions€may€beÏrebutted€by€clear€and€convincing€evidenceÏpresented€in€the€course€of€legal€or€equitableÏproceedings.€€Final€judicial€determinationsÏcontrary€to€such€presumptions€shall€not€affect€aÏbankððs€earlier€payment€in€accordance€therewith,€orÏthe€limitations€on€liability€conferred€by€theÏprovisions€of€subsections€(a)€and€(b)€or€€ðð€45„2„707.ÌÔ€%ÔÓÓÌòòò òIdó óóó.€€(emphasis€supplied).ÌPtPtHHÚ(ÿáÿâùFG(üHHÚ(d'@Styl{WP}01•ÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃà Ãà Ãà Ãà Ãà ÃÃÃÃÃÃÃÃÃÃÃÐ ÐÐHHÐÐ  ÐÐ2ÐÐÿÿ¸æ$ÿÐÐHHÐÐÐÐÐÐÐÐ  ÐÐ ÐÐ ÐÑÑÑGenevaÑÑ ÑÑ € ÑÑ<Px–ÈÑÒÒÒ443!#4ÒÒ$ *$ÒÒ$*$ÒÒ ÿKK ÒÒ  Geneva ÒÒ  Geneva ÒÓ.,ÓÓÓÓ6ÓÓ ÓßßßßßßßßßßßßßßßßßßÑMonacoÑÑ ÑÒ  BA Op Monaco ÒÒ  BA Op Monaco Ò€-‚ƒCþÿ<< CÿÿƒLevel 1Level 2Level 3Level 4Level 5($$””ò òÚ  Ú1Ú  Úó ó„„'÷ÿ dxdüÿP PdÝ ƒ!ÝÔ . ÔÔ€ÔÓ&€$$X„d&ÓÑ#€$$Xd#ÑÔ€%ÔÝ  ÝÑ7€õ XXdìdÈ7ÑÑ  ÑÔ€ÔÓ  ÓÑ  ÑÑ\R AØ'\ÑÒ  ÒÒ „ Òà@ àIN€THE€COURT€OF€APPEALS€OF€TENNESSEEÌà@ àWESTERN€SECTION€AT€NASHVILLEÌÙ€€ÙÙ€€ÙßL€(,';+'h|Ƽ` ç `€€Lßà àà à€€Ï________________________________________________ÌÌò òIN€RE:€ESTATE€OF€ROBERT€D.€PAYNE,€ÌDeceased,ÌÌKAL€HELOU,€Administrator€CTA,ÌÌà àó óPlaintiff„Appellant,ÌÌVs.à àà àà àà àà àà àà àDavidson€Probate€No.€93P„1239Ìà àà àà àà àà àà àà àC.A.€No.€01A01„9603„PB„00092Ìò òWILLIAM€DððSHIELL€FISHER,€ÌKENNETH€FISHER€and€SUSAN€ÌFISHER,€ó óÌÌà àDefendants„Appellees,ÌÌAndÌÌò òOLD€HICKORY€CREDIT€UNION,€ó óÌ___________________________________________________________________________ÌÌà@ àFROM€THE€PROBATE€COURT€OF€DAVIDSON€COUNTYÌà@ àTHE€HONORABLE€JAMES€R.€EVERETT,€JR.,€JUDGEÌÌÌà@ àKal€Helou€of€NashvilleÌà@ àFor€Plaintiff„AppellantÌÌà@ àDavid€B.€Foutch;€Rochelle,€McCulloch€&€AuldsÌà@ àof€Lebanon,€For€Defendants„AppelleesÌÌÌÌÌà@ àò òòòVACATED€AND€REMANDEDó óóóÌÌà@ àOpinion€filed:€€ÌÌÌÌà àà àà àà àà àà àà àà àò òW.€FRANK€CRAWFORD,Ìà àà àà àà àà àà àà àà àPRESIDING€JUDGE,€W.S.ÌÌÌCONCUR:ÌÌHOLLY€KIRBY€LILLARD,€JUDGEÌÌWILLIAM€C.€KOCH,€JR.,€JUDGEó óÌÌ›Ñ ° ÑÓÓÔ€ Ôà àThis€appeal€involves€a€dispute€between€a€decedentððs€estate€andÏthree€payees€named€jointly€with€the€deceased€on€three€separateÏcertificates€of€deposit.€€œKal›€œHelou›,€Administrator€of€the€Estate€ofÏRobert€D.€Payne,€appeals€from€the€order€of€the€probate€court€whichÏfound€that€the€certificates€of€deposit€were€held€jointly€with€right€ofÏsurvivorship€and€that€the€defendants€are€the€outright€owners€of€theÏrespective€certificates.€€The€only€issue€on€appeal€is€whether€the€trialÏcourt€erred€in€holding€that€the€respective€certificates€are€the€propertyÏof€the€respective€defendants.Ìà àAt€the€outset,€we€note€that€the€lower€court€proceedings€areÍsomewhat€unusual.€€The€parties€concede€that€there€was€no€evidentiaryÏhearing,€yet€the€record€contains€pretrial€briefs€and€a€pretrialÏstatement€required€by€local€court€rules€concerning€the€witnesses€to€beÏcalled€at€trial.€€Moreover,€the€record€is€devoid€of€any€motion€by€eitherÏparty€for€a€summary€judgment,€judgment€on€the€pleadings,€or€any€otherÏmotion€for€disposition€without€an€evidentiary€hearing.€€The€trial€courtððsÏorder€of€September€29,€1995,€from€which€the€appeal€is€œtaken,›€recites:ÌÓÓà8 àà8 àAfter€the€hearing€on€January€18,€1995€the€courtÏtook€the€matter€under€advisement€to€review€theÏbriefs,€affidavits,€and€the€entire€record€in€thisÏcause.€€ÌÌÓÓà àThe€order€continued€by€finding€that€the€certificates€of€deposit€inÏquestion€were€owned€by€the€respective€defendants.€€Although€the€trialÏcourtððs€order€refers€to€a€hearing,€the€record€is€devoid€of€anything€whichÏwould€indicate€that€any€hearing€actually€took€place.€€The€record× ƒ. ××  ×Ïreflects€that€the€parties€contemplated€an€evidentiary€hearing€byÏcomplying€with€various€local€rules€concerning€trial,€but€for€someÏreason€the€matter€was€decided€by€the€court€without€the€benefit€of€suchÏa€hearing.Ìà àWithout€any€record€citations,€both€parties€assert€in€their€briefsÏvarious€facts€in€support€of€their€respective€positions.€€The€allegedÏfacts,€as€taken€from€the€briefs€in€this€case,€are€as€follows:€Ìà àOn€December€17,€1992,€decedent,€Robert€Payne,€purchased€threeÏ$20,000.00€Certificates€of€Deposit€(CDs)€from€Old€Hickory€Credit€Union.€ÏAt€the€time€Mr.€Payne€purchased€the€CDs,€he€was€assisted€by€JudyÏParnell,€a€member€service€representative€for€Old€Hickory€Credit€Union.€€ÏMs.€Parnell€completed€the€terms€of€the€œCDs,›€and€her€signature€appearsÏin€the€ð ðAuthorized€Signatureðð€line€on€each€of€the€certificates.€€TheÏð ðPurchaserððs€Signatureðð€line,€however,€was€left€blank€on€all€threeÏcertificates.€€The€face€of€each€CD€contains€the€name€of€one€of€theÏdefendants€followed€by€a€virgule€(ð ð/ðð)€and€the€name€of€the€deceased.€ÏThe€face€of€each€certificate€also€lists€the€address€of€Mr.€Payne€and€theÏsocial€security€number€of€the€respective€defendant.€€The€three€CDs€areÏcompleted€as€follows:ÌÌòòò òÓÓÓ  ÓÔ€ÔAutomatic€Renewable€Certificate€of€Depositóóó óÌÓ  Óà@ àOld€Hickory€Credit€Union€„€1000€Industrial€RoadÌà@ àOld€Hickory,€TN€37138ÌÌTo:€òòWilliam€DððShiell€Fisher/€D.€Payneóóà àà àCertificate€Number:€òòFI„1€€€€€€€€€€€€€€€€€óóÌòò€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€óóà àà àTerm:€òò18€Month€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€ÏóóAddress:€òò800€Elliston€Street€€€€€€€€€€€€€€€€à àóóà àAt€Maturity:€òò$20,000.00€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€ÍOld€Hickory,€TN€37138€€€€€€€à àóóà àIssue€Date:€òò€€€€€€€12„17„92€€€€€€€€€€€€€€€€€ÏóóSocial€Secuirty€Number:€òò424„78„6137óóà àà àMaturity€Date:òò€€€€€€6„16„94€€€€€€€€€€€€€€€ÌÌóóà àà àà à*à àà à*à àà à*à àà à*ÌÌà8 àà8 àòòò òà@ àAutomatic€Renewable€Certificate€ofÏDepositóóó óÌà@ àOld€Hickory€Credit€Union€„€1000€Industrial€RoadÌà@ àOld€Hickory,€TN€37138ÌÌTo:€òòKenneth€Fisher/€D.€Payne€€€€€€€€€€€€óó€€€à àCertificate€Number:€òòFI„1€€€€€€€€€€€€€€€€€óóÌòò€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€óóà àà àTerm:€òò18€Month€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€ÏóóAddress:€òò800€Elliston€Street€€€€€€€€€€€€€€€€à àóóà àAt€Maturity:€òò$20,000.00€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€ÏOld€Hickory,€TN€37138€€€€€€€à àóóà àIssue€Date:€òò€€€€€€€12„17„92€€€€€€€€€€€€€€€€€ÏóóSocial€Secuirty€Number:€òò423„80„3266óóà àà àMaturity€Date:òò€€€€€€6„16„94€€€€€€€€€€€€€€€ÌÌà àà àà àóó*à àà à*à àà à*à àà à*ÌÌà8 àà8 àòòò òà@ àAutomatic€Renewable€Certificate€ofÏDepositóóó óÌà@ àOld€Hickory€Credit€Union€„€1000€Industrial€RoadÌà@ àOld€Hickory,€TN€37138ÌÌTo:€òòSusan€Fisher/€D.€Payne€€€€€€€€€€€€€€€€€óó€€€à àCertificate€Number:€òòFI„1€€€€€€€€€€€€€€€€€óóÌòò€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€óóà àà àTerm:€òò18€Month€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€ÏóóAddress:€òò800€Elliston€Street€€€€€€€€€€€€€€€€à àóóà àAt€Maturity:€òò$20,000.00€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€ÏOld€Hickory,€TN€37138€€€€€€€à àóóà àIssue€Date:€òò€€€€€€€12„17„92€€€€€€€€€€€€€€€€€ÏóóSocial€Secuirty€Number:€òò419„94„4033óóà àà àMaturity€Date:òò€€€€€€6„16„94€€€€€€€€€€€€€€€ÌÓÓÌà àóóÔ€ ÔThe€face€of€each€CD€also€contained€the€following€provision:€ð ðTHISÏCERTIFICATE€IS€SUBJECT€TO€THE€PROVISIONS€OF€THE€REVERSE€SIDE.ðð€ÏThe€reverse€side€of€each€CD€provides:Ó  Óà àAdditional€ProvisionsÌà8 àà8 àà8 àÓ  ÓÓÓà8 àà8 à1.€€If€thisÏCertificateÏ(which€termÏrefers€both€toÏthisÏinstrumentÏand€to€theÏdeposit€itÏrepresents)€isÏpayable€in€theÏalternativeÏ(that€is,€inÏthe€form€Ïð ðMember€A€orÏMember€Bðð);ÏunlessÏotherwiseÏexpresslyÏstated€on€itsÏface:€TheÏpayees€shallÏbe€deemedÏjoint€tenantsÏwith€right€ofÏsurvivorshipÏ(or,€if€husbandÏand€wife,Ïtenants€by€theÏentirety);€thisÏCertificateÏmay€be€paid€toÏany€payee,€andÏmay€beÏassigned€byÏany€payee€asÏcollateralÏsecurity€toÏthe€issuerÍwithout€priorÏnotice€to,€orÏconsent€from,Ïany€otherÏpayee.ÌÌà8 àà8 à2.€€If€this€Certificate€is€not€payable€in€theÏalternative€(that€is,€if€it€is€payable€in€the€form,Ïð ðMember€A€and€Member€B:[ðð])€and€unlessÏotherwise€expressly€stated€on€its€face€payeeÏ[sic]€shall€be€deemed€tenants€in€common€withoutÏright€of€survivorship,€except€that€if€the€payeesÏare€husband€and€wife€they€shall€be€deemedÏtenants€by€the€entirety.€€ÌÓÓà àà àà àÌà àThe€œappellant€alleges€that€the€decedent›€kept€possession€of€theÏCDs€at€all€times,€and€œthat€he›€kept€all€interest€earned€by€the€CDs.€€TheÏdecedent€died€on€September€4,€1993.€€On€June€15,€1994,€the€estateÏbrought€this€action€seeking€a€declaration€that€the€estate€is€the€ownerÏof€the€three€certificates€of€deposit.€€The€estate€maintains€thatÏalthough€the€appellees€were€joint€tenants€with€the€decedent,€they€hadÏno€survivorship€interest€in€the€CDs.€The€estate€contends€that€theÏinformation€on€the€front€of€the€CDs€is€insufficient€to€create€a€right€ofÏsurvivorship€as€a€matter€of€law,€and€that€the€decedent€had€no€intentionÏof€creating€a€right€of€survivorship.€€The€appellees,€on€the€other€hand,Ïcontend€the€information€on€the€front€of€the€CDs€created€a€joint€tenancyÏwith€right€of€survivorship.€Ìà àIn€its€September€29,€1995€order,€the€trial€court€ruled€that€theÏvirgule€is€to€be€read€as€ð ðor,ðð€meaning€that€the€certificates€of€depositÏwere€payable€in€the€alternative€and,€therefore,€the€CDs€are€the€propertyÏof€the€respective€defendants.ÌÌÌÌà àDue€to€the€irregularity€of€the€proceedings€in€this€case€and€theÏincomplete€record,€this€Court€is€compelled€to€vacate€the€judgmentÏentered€and€remand€this€case€for€further€proceedings.€€If,€in€fact,€theÏcertificates€of€deposit€were€prepared€by€and€under€the€direction€of€theÏbank€employee,€the€use€of€the€virgule€in€place€of€the€words€ð ðandðð€orÏð ðor,ðð€as€the€case€may€be,€should€be€explained€in€order€to€correctlyÏinterpret€the€instruments€in€question.€€For€instance,€proof€could€beÏintroduced€as€to€whether€the€use€of€the€virgule€by€the€bank€constitutesÏð ðsubstantially€similar€languageðð€to€a€designation€of€joint€tenants€withÏthe€right€of€survivorship.€€See€T.C.A.€ðð€45„2„703€(e)(1).œ× ƒ/ ××  ×›ÌÌà àIn€view€of€the€inadequacy€of€the€record€before€us,€the€judgment€ofÏthe€trial€court€is€vacated,€and€this€case€is€remanded€to€the€trial€courtÏfor€trial€on€the€merits.€€Costs€of€appeal€are€assessed€one„half€toÏœappellant›€and€one„half€to€appellees.ÌÓӜԀÔà àà àà àà àà àà àà à_________________________________Ìà àà àà àà àà àà àà àò òW.€FRANK€CRAWFORD,Ìà àà àà àà àà àà àà àPRESIDING€JUDGE,€W.S.ó óÔ€ ÔÌÌò òCONCUR:ÌÌó óÔ€Ô_________________________________Ìò òHOLLY€KIRBY€LILLARD,€JUDGEó óÌÔ€ ÔÌ_________________________________Ìò òWILLIAM€C.€KOCH,€JR.,€JUDGEÌó ó̜Ԁ ÔÔ€ Ô