Saskel v. Rubin

The opinion of the court was delivered by

Porter, J.

The suit which gives rise to this appeal was to recover the amount due on a promissory note from the maker and endorser thereof.

The case was submitted to the court on,an agreed state of facts. The note was to secure the payment of $200, was dated May 4th, 1931, payable to Hoboken Loan Association, Inc., of which plaintiff-appellant is receiver by appointment of the Court of Chancery. It was made by Eli Rubin, defendant-respondent, and endorsed by his father, Ike Rubin, defendant. Various payments were made on the note reducing the amount due…