Roth v. Guardian Thrift & Loan

WOOD (Fred B.), J.

From Leonard’s, Inc., plaintiff received, duly endorsed, a check for $4,000, drawn by Guardian Thrift and Loan, a corporation, in favor of Leonard’s, Inc., as payee. * Upon presentation to the drawee bank it was discovered that payment had been stopped. Plaintiff then brought this action for $4,000, costs of suit and general relief against Guardian Thrift and Loan, Leonard’s, Inc., Robert C. Leonard, president of Leonard’s, Inc., and Leon Lyon, who had personally guaranteed Leonard’s, Inc.’s endorsement.

After the filing of an answer by Leon Lyon and Guardian Thrift and Loan…