Modern Industrial Bank v. Woodman

Contract action to enforce the pur*1020chase by the defendants of certain stock in the event that a certain note was not paid to the plaintiff on its due date. The defendants in their answer asserted that their respective alleged contracts had .been subjected to unauthorized material alterations which discharged them from their obligations. Order of the Appellate Term and judgments of the City Court reversed on the law and the facts, and judgment directed in favor of the plaintiff against the defendants in the sum- of $1,200, with interest from September 5,1940, with costs in all courts. The…