Commercial Inv. Trust, Inc. v. Hurst Bros.

The Electrofrost Corporation sold and delivered to this defendant a refrigerator outfit, taking his promissory note for the purchase price payable in equal monthly installments, payable each successive month after date until the entire purchase price had been paid, with interest from date. This note was marked “negotiable and payable at the of-’ fice of Commercial Investment Trust Corporation. One Park Ave. New York City.” At the time of executing this note defendant also signed a contract to better secure the same, which contract retained the title to the property in the seller, together…