Genesee County Savings Bank v. Rosenthal

Plaintiff sued defendants on a promissory note dated December 2, 1931, for $24,700, due 90 days after date, with, interest at 7 per cent, per annum. “Bensams,” a Michigan _corp oration, was maker, and defendants Bernard Rosenthal, Louis Rosenthal, Samuel Weinstein and Maurice Rosenblum were indorsers; and $4,465.14 had been paid on the note prior to suit. The declaration alleges presentment of the note for payment at maturity and tender of a new note executed by the same maker and indorsed by the same indorsers to the payee for the balance due. This note was rejected and suit instituted. From…