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INTEGRITY INSURANCE CO. v. DAVIS

116 N.J. Super. 417 (1971)

282 A.2d 452

INTEGRITY INSURANCE CO., A CORPORATION DULY LICENSED BY THE DEPARTMENT OF BANKING & INSURANCE, PLAINTIFF, v. HAYES DAVIS, DEFENDANT.

Superior Court of New Jersey, District Court, Essex County.

Decided October 12, 1971.

Attorney(s) appearing for the Case

Mr. Fred Dubowsky for plaintiff.

Mr. Paul B. Thompson for defendant (Messrs. Lamb, Blake, Hutchinson & Dunne, attorneys).

YANOFF, J.D.C.

The facts here are stipulated. On June 24, 1966 defendant (buyer) purchased an automobile from Allen Pontiac, Inc. (Allen). To secure the unpaid balance of the price, the buyer executed a promissory note and retail installment security agreement. Both instruments are printed forms. The note states that it is payable at the Bank of Nutley (bank). The security agreement contains an assignment to the bank. Both were in fact assigned to the bank on or about...

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