The complaint in this action seeks compensatory damages for the fraud of defendant's predecessor in interest, St. Lawrence National Bank (hereinafter the bank), in inducing plaintiff to cosign his nephew's $25,000 promissory note to the bank. Briefly stated, the complaint alleges that (1) after plaintiff had already cosigned one of his nephew's promissory notes to the bank, a bank officer called plaintiff and requested that he also cosign...
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