Keystone Commercial Co. v. Horowitz

Monaghan, J.,

On April 21, 1922, Max Horowitz, M. Kon, Max Weiner, Jacob Miller and Mary Horowitz, the defendants, executed a judgment note for $500, payable one day after date, to the Keystone Commercial Company, Incorporated, the plaintiff.

In addition to the usual terms and the warrant of attorney authorizing confession of judgment, the note contained the following stipulation: “And we and each of us do hereby covenant, publish and declare that the sum of $500 to be paid to us by Keystone Commercial Company, Inc., in consideration of this note is intended for andi will be used by each and…