Cohen's Department Stores Inc. v. Siegel

Joseph J. Siegel and Pearl S. Siegel, trading as Joseph J. Siegel & Company, sued Cohen’s Department Stores Inc., on a trade acceptance for $115.45, dated January 24, 1938, and due April 15, 1938. The defendant filed an answer and set up that on January 24, 1938, it executed two trade acceptances to the plaintiff, one for $115, due March 15, 1938, and the other for $115.45, due April 15, 1938, payment of both of which was refused upon the maturity thereof; that on or about June 1, 1938, the plaintiffs, through their duly authorized agent, requested the defendant to execute postdated checks in…