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HUDSON COUNTY NATIONAL BANK v. SIMPSON

5 N.J. Super. 135 (1949)

68 A.2d 542

HUDSON COUNTY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION ORGANIZED UNDER AN ACT OF THE CONGRESS OF THE UNITED STATES, PLAINTIFF-RESPONDENT, v. ALEXANDER SIMPSON, DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided October 3, 1949.

Attorney(s) appearing for the Case

Mr. Mark Townsend, Jr., argued the cause for defendant-appellant (Mr. Alexander Simpson, attorney pro se).

Mr. Abner W. Feinberg argued the cause for plaintiff-respondent.

Before Judges JACOBS, DONGES and BIGELOW.

The opinion of the court was delivered by JACOBS, S.J.A.D.

This is an appeal by the defendant from a summary judgment for plaintiff entered in the Hudson County Court.

In 1930, the defendant Alexander Simpson delivered to the plaintiff Hudson County National Bank three promissory notes totalling $19,000, together with stock of the Trust Company of New Jersey as collateral security. The notes were payable on demand and contained numerous stipulations for the...

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