Order entered on April 4, 1961, denying motion of defendant Industrial Bank to open default judgment, unanimously reversed on the law, on the facts, and in the exercise of discretion, with costs to abide the event, and the motion granted, the judgment set aside, and defendant granted leave to plead or move with respect to the complaint within 10 days from service of the order herein with notice of entry.
While defendant bank consciously abstained from answering the...
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