This is an action on four promissory notes given by Jablow Manufacturing Co., Inc. to Seema Gems, Inc. in payment for diamonds purchased for Jablow's jewelry business. Defendant Arnold Berkley was the president of Jablow and signed the notes. Plaintiff Combine International is another company engaged in the jewelry business and it purchased the notes at issue from Seema. When Combine presented the notes to Jablow's bank for payment, the bank refused to pay because Jablow...
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