GENERAL INVESTMENT CORP. v. BONATZ


26 N.J. Super. 450 (1953)

98 A.2d 109

GENERAL INVESTMENT CORP., A CORPORATION OF NEW JERSEY, PLAINTIFF-APPELLANT, v. AUGUSTINE BONATZ AND IRENE BONATZ, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided June 30, 1953.


Attorney(s) appearing for the Case

Mr. Gerald W. Kolba, attorney for and of counsel with plaintiff-appellant, argued the cause.

Before Judges STEIN, PROCTOR and CONLON.


The opinion of the court was delivered by PROCTOR, J.S.C. (temporarily assigned).

The plaintiff brought an action in the district court on a promissory note made by the defendants to Perma-Wall, Inc. and transferred by it to the plaintiff for value before maturity. The note was originally given to Perma-Wall, Inc., in payment for certain work to be performed for the defendants. The note reads as follows:

                             "NOTE

   $741.96...

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