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FACTORS & NOTE BUYERS, INC. v. GREEN LANE, INC.

102 N.J. Super. 43 (1968)

245 A.2d 223

FACTORS & NOTE BUYERS, INCORPORATED, A NEW JERSEY CORPORATION, PLAINTIFF, v. GREEN LANE, INC., A CORPORATION, AND GEORGE S. GOTTESMAN, DEFENDANTS.

Superior Court of New Jersey, Law Division.

Decided June 20, 1968.

Attorney(s) appearing for the Case

Mr. Marvin Schondorf for plaintiff.

Mr. Arthur R. Kobin for defendants (Messrs. Scerbo, Glickman and Kobin, attorneys).

YANCEY, J.C.C. (temporarily assigned).

This is a motion for summary judgment on three notes executed by defendant Green Lane, Inc. and signed by defendant George Gottesman, its secretary.

The notes were signed May 15, 1964 to the order of Comfort Cooling Co. Defendants claim in their affidavit by Gottesman that the notes were made with the express agreement that they would not be discounted "but would merely be exhibited for the purpose of obtaining supplies...

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