C. & N. Trading Co. v. Johnstown Fur Dressing Corp.

Upon this motion plaintiff seeks summary judgment upon two promissory notes of a series of four delivered to plaintiff by the corporate defendant and guaranteed by the individual defendant. The first two notes were paid at maturity. When the due date set forth in the third note arrived, payment was not made and in accordance with the terms of the note plaintiff has exercised its option to declare the fourth note due and payable as well as the third. They total $20,000 of an original indebtedness of $70,000 represented by the four notes.

The defendants by affirmation of their attorney allege…