Newark Finance Corp. v. Acocella

The opinion of the court was delivered by

Perskie, J.

This is the plaintiff’s appeal from a judgment of the District Court of the city of East Orange rendered by tiie trial judge, sitting without a jury, in favor of the defendant.

A resume of the litigation below will help to clarify the controversy in the instant case. The plaintiff conducts a loan business under our “Small Loan act.” Pamph. L. 1932, ch. 62, p. 94. On January 2d, 1933, a person representing himself as Roosevelt Arnold, made application to the plaintiff for a loan of $300. He presented a note for said amount purporting to be…