Pine Brook Bank v. Kearney

Opinion by

Mr. Chief Justice Frazer,

Plaintiff appeals from an order making absolute a rule to show cause why judgment entered by confession upon a promissory note should not be opened. By the terms of the instrument, dated May 6,1925, upon which the judgment is based, defendant, Mary J. Kearney, sole obligor, promised to pay the Pine Brook Bank, plaintiff, the sum of $5,000, “one day after date for value received.” Following the text of the note, and the usual clause authorizing confession of judgment, appears a certification as follows: “I......do hereby certify that this note is given for my…