First National Bank v. Lugar

This is an appeal from a judgment of the Gloucester County Circuit Court in favor of the plaintiff. The suit was on a promissory note of defendant Andrew Lugar in the sum of $4,000, dated December 18th, 1930, payable on demand to Susanna M. Heritage and Mary E. Heritage, and endorsed by them. They were admittedly accommodation endorsers. Lugar paid the interest on the note up to October, 1934, but made no payments on the principal.

Mary E. Heritage died February 23d, 1932, and no claim was made against her or her estate.

Susanna M. Heritage died January 3d, 1933. Her will was probated and a…