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FIRST STATE BANK OF OCEAN COUNTY v. RAITON

Civ. A. No. 72-1585.

377 F.Supp. 859 (1974)

FIRST STATE BANK OF OCEAN COUNTY v. Ronald RAITON.

United States District Court, E. D. Pennsylvania.

May 29, 1974.

Attorney(s) appearing for the Case

William E. Taylor III, Philadelphia, Pa., for plaintiff.

Gilbert B. Abramson, Philadelphia, Pa., for defendant.

MEMORANDUM AND ORDER

NEWCOMER, District Judge.

This case is a suit by a bank for payment of a promissory note endorsed by defendant. Monthly interest payments by the maker of the note ceased in April, 1972, and the full amount of the note ($35,000) became due December 24, 1973. None of the material facts of the transaction seem to be disputed, at least to the point of contradictory affidavits. Plaintiff moves for summary judgment on the grounds that the...

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