City of New York Municipal Court February 21, 1928 (Businessmen's Mortgage & Credit Corp. v. Dobjinsky)

Lauer, J.

The plaintiff loaned to one of its stockholders, the defendant Jacob Dobjinsky, as maker, on the faith of the signature of the maker and three indorsers, the sum of SI,000. Although the note is blank as to when it was payable, it seemed to be conceded at the trial that the note was payable in weekly installments of twenty dollars each.