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N.J. TRUST CO. v. SUSSEX COUNTY DISTILLERY CO.

3 N.J. 156 (1949)

69 A.2d 315

NEW JERSEY TRUST COMPANY OF LONG BRANCH, A BANKING CORPORATION, PLAINTIFF-RESPONDENT, v. SUSSEX COUNTY DISTILLERY CO., INC., A CORPORATION, DEFENDANT, AND FRED NIEBERG, DEFENDANT-APPELLANT.

The Supreme Court of New Jersey.

Decided November 21, 1949.

Attorney(s) appearing for the Case

Mr. Charles Handler argued the cause for appellant.

Mr. Solomon Tepper argued the cause for respondent.

The opinion of the court was delivered by ACKERSON, J.

The record discloses that between September 12, 1946, and December 2, 1946, the defendant corporation Sussex County Distillery Co., Inc. (hereinafter referred to as the Distillery Company), executed and delivered to the General Financial (or Finance) Company (hereinafter referred to as the Finance Company), nine promissory notes secured by warehouse receipts for 55,000...

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