Buffalo Industrial Bank v. De Marzio

The bank is suing as the holder of a note which had its inception in a conditional sales contract between the seller, the Pioneer Air Conditioning Company, and the buyer (defendant).

The facts run thus: The seller conferred with the buyer, delivered an oil stove to his flat. The proposed sale was then submitted to the credit department of the bank. The bank approved and gave the seller the form of conditional sales note contract used in this *743transaction. This form has on it, in heavy, readable letters at the top, the name of the bank. Among other blanks filled in in the form was the statement…