Nida v. Michael

From a summary judgment 1 in favor of defendants City National Bank (“City Bank”) and Manufacturers National Bank (“Manufacturers”) in an action for breach of statutory warranties arising out of the transfer and presentment of a negotiable instrument under the UCC, 2 plaintiff appeals.

The facts of the present controversy are not seriously in dispute. On November 7, 1968, the plaintiff, Edmund Nida, issued a check in the amount of $21,000 to the order of defendant Michael based upon the latter’s fraudulent representations concerning a certain real-estate transactioii. That same day Michael…