This is an action to recover an unpaid balance of $3,176.96 on a promissory note dated August 7, 1964, executed by defendants McLeish to the order of third-party defendant E.S.A.I., Inc. The note was indorsed over to Chase Manhattan Bank (Chase), and delivered to it together with an underlying retail installment contract.
The sole issue is whether defendants, by executing a so-called...
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