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PRESTIGE MOTORS, INC. v. CARTERET BANK & TR. CO.

183 N.J. Super. 525 (1982)

444 A.2d 627

PRESTIGE MOTORS, INC., A NEW JERSEY CORPORATION, PLAINTIFF, v. CARTERET BANK AND TRUST COMPANY, A BANKING INSTITUTION OF THE STATE OF NEW JERSEY, DEFENDANT.

Superior Court of New Jersey, Law Division Bergen County.

Decided January 19, 1982.

Attorney(s) appearing for the Case

Michael E. Hubner for plaintiff (McKeon, Curtin, Hubner & McKeon, attorneys).

Barry A. Weisberg for defendant (Edward J. Dolan, attorney).

SCHIAFFO, J.S.C.

Plaintiff Prestige Motors, Inc., seeks, in a nonjury case, to recover from defendant Carteret Bank and Trust Company the sum of $16,516 for the bank's failure to pay or return a check tendered to it within the "midnight deadline," as provided in N.J.S.A. 12A:4-302.

The following facts are stipulated to by counsel:

Plaintiff is a corporation of the State of New Jersey, with principal offices at 405 Route 17, Paramus, Bergen County...

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