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BANK LEUMI TRUST CO. v. BANK OF MID-JERSEY

Civ. A. No. 80-336.

499 F.Supp. 1022 (1980)

BANK LEUMI TRUST COMPANY OF NEW YORK, Plaintiff, v. BANK OF MID-JERSEY, a New Jersey Corporation, Defendant.

United States District Court, D. New Jersey.

October 10, 1980.

Attorney(s) appearing for the Case

Sterns, Herbert & Weinroth, P.A. by Mark Schorr, Trenton, N. J., Parker, Chapin, Flattau & Klimpl, New York City, for plaintiff.

Appel, Howard & Mathews by Donald N. Elsas, Browns Mills, N. J., for defendant.

OPINION

HAROLD A. ACKERMAN, District Judge.

This is a case arising under Articles 3 & 4 of the Uniform Commercial Code, N.J.S.A. 12A:3-101 et seq. and 12A:4-101 et seq., and, more particularly, Article 4's "midnight deadline" for the processing of checks. N.J.S.A. 12A:4-302. The focus of the case is the adventures of a certain check, number 1028, drawn on the account of Century Buick, Inc. at the defendant Bank of Mid-Jersey for the amount...

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