NAT. NEWARK & ESSEX BANK v. GIORDANO


111 N.J. Super. 347 (1970)

268 A.2d 327

NATIONAL NEWARK & ESSEX BANK, A NATIONAL BANKING ASSOCIATION OF THE UNITED STATES, PLAINTIFF, v. ANTHONY GIORDANO, DEFENDANT.

Superior Court of New Jersey, Law Division.

Decided July 15, 1970.


Attorney(s) appearing for the Case

Mr. Samuel A. Christiano, for plaintiff.

Mr. Monroe Jay Lustbader, for defendant (Messrs. Lustbader & Lustbader, attorneys).


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

This case involves a suit on an installment sale and security agreement. Defendant agreed to purchase two trucks for use in his business from Joseph Fiero. To enable him to do so, plaintiff agreed to lend him $9500. Defendant signed an installment sale security agreement which recited that plaintiff would lend him $9500, which he agreed to repay in 24 equal consecutive monthly installments of $443.33, commencing November 16,...

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