Greenberg v. Glattke

This is an action against the indorser of a promissory note. The issue arises upon a motion for summary judgment.

It appears from the record that Howard Industries, Inc., was indebted for the purchase of lumber to plaintiff, Matt Greenberg, who was pressing for payment. Howard J. Doss, president and largest stockholder of Howard Industries, Inc., offered to purchase the account from Greenberg. Pursuantly, he executed 2 promissory notes in favor of Green-berg, as payee, one of which was indorsed by Benjamin L. Glattke, who, also, guaranteed payment ^hereof. The indorsed note was unpaid upon…