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N.J. MTGE. AND INVEST. CO. v. DORSEY

60 N.J. Super. 299 (1960)

158 A.2d 712

NEW JERSEY MORTGAGE AND INVESTMENT CO., A NEW JERSEY CORPORATION, PLAINTIFF-RESPONDENT, v. JOHN W. DORSEY AND CHERRY A. DORSEY, DEFENDANTS-APPELLANTS.

Superior Court of New Jersey, Appellate Division.

Decided March 14, 1960.

Attorney(s) appearing for the Case

Mr. Michael H. Hochman argued the cause for defendants-appellants (Mr. Abraham Miller, attorney).

Mr. William Furst argued the cause for plaintiff-respondent.

Before Judges GOLDMANN, CONFORD and HANEMAN.

The opinion of the court was delivered by CONFORD, J.A.D.

This is an action on a negotiable promissory note by a holder in due course thereof against the maker. The note had been given to U.S. Homes, trading as National Homes, a firm in the business of home improvement, in connection with a contract to do certain improvements on the defendants' home. The note was for $2,435.40, payable in 60 monthly installments of $40.59, and plaintiff had purchased it the day after...

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