Public Motor Service, Inc. v. Standard Oil Co. of New Jersey

STEPHENS, Associate Justice.

This is a suit upon a promissory note brought by the appellee, Standard Oil Company of New Jersey, a corporation, as payee, against the Public Motor Service, Inc., a corporation, as maker, and the appellants, Paul B. Cramer, Joseph Ii. Nicholson and Grace E. Nicholson, as endorsers. The Public Motor Service, Inc. (hereafter referred to for convenience as Motor Service) defaulted below and is not concerned in the appeal; reference to the appellants hereafter is meant to include only the three individuals named. The appellants admitted that they had signed the note…