J. B. E. Olson Corp. v. Ives

William: B. Breuuau, Jr., J.'

Plaintiff and defendants seek summary judgment in this action upon a promissory note. The essential facts are notin dispute. -

On May' 19, 1961,' the defendants, for value, duly made and delivered to the plaintiff a demand note to its order in the sum of $17,590.72, payable at the Liberty Bank & Trust Co., in Buffalo. Between July 28, 1961 and February 16, 1962, the plaintiff received payments aggregating $6,263.57 from defendants applicable to the note.

Subsequently, on March 8,1962, the plaintiff delivered the note to Franklin National Bank (hereinafter referred…