First National Bank v. Zeichick

This is an action of contract, in which the plaintiff seeks to recover from the defendants, as endorsers of two notes, each dated October 28,1931, maturing four months after date, signed by Morris Ostroff, payable to Morris Budnick, in the amounts of $1500.00 and $750.00' respectively.

The defendants, for answer, claimed that the plaintiff •had failed to make presentment and demand on the notes declared on, or give notice of non-payment thereof to the defendants, and denied that they expressly or impliedly waived presentment, demand and notice.

There was evidence that the money had been loaned…