Order reversed, insofar as appealed from, on the law, with $50 costs and disbursements, and plaintiff's motion is granted.
On August 11, 1975 defendants, doing business as RWB Associates, issued a note to Penral, Inc., payable on May 14, 1976, in the face amount of $10,000 with 8% annual interest. The note was discounted by plaintiff's predecessor, First State Bank of Hudson County (hereinafter the Bank) on December 12, 1975. On the maturity date of May 14, 1976,...
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