Goldwater v. Lederer

Lewis, J.,

This is a petition to show cause why petitioners, R. S. Lederer and I. H. Lederer, should not be permitted to intervene as equitable plaintiffs. Plaintiff sued as endorsee on twelve promissory notes made by defendant as an accommodation endorser for the Belfield Laundry Corporation. Defendant in his affidavit of defense admits liability on the notes, but avers that petitioners and not plaintiff are the owners of the notes. The case was tried before Judge Sloane and a verdict entered for defendant, but a new trial was granted for the reason (not of record) that, in view of…