DeLuca v. Apfel

Defendant executed and delivered to plaintiff an assignment of a bond and mortgage in the sum of $2,000. The three instruments representing the transaction were executed on the 6th day of December, 1929, the date of delivery to plaintiff. The assignment contains a guarantee by defendant to plaintiff of the payment of principal and interest. Opposite the signature of defendant on this instrument, the letters “ L. S.” appear in typewriting, within parentheses. This action was commenced on the 4th day of June, 1942, to recover, in accordance with the guarantee, an alleged unpaid balance due on…