MEMORANDUM AND ORDER
HANNUM, District Judge.
Presently before the court is plaintiff's motion for summary judgment pursuant to Fed.R.Civ.P. 56. This controversy arose out of a default in the payment of a note due October 31, 1969, by Collins Wholesale Drug Co., Inc., (hereinafter referred to as "Collins"). Pursuant to an out of court settlement of a law suit against Collins in New Jersey, the defendant, William Sylk, endorsed and guaranteed the payment of...
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