Goess v. Harriman
Opinion of the Court
This is a motion by the plaintiff, as receiver of the Harriman National Bank, for summary judgment in an action on a promissory note secured by collateral. The complaint alleges the execution and delivery to the bank of a note in the sum of $544,668.53, against which $257,184.05 has been paid, leaving due the sum of $287,484.48. The answer admits, the making of the note, but denies the defendant has knowledge or information sufficient to form a belief as to the other allegations. The defense also contains a paragraph which, while it leaves much to be desired, might be intended as an affirmative defense to the effect that defendant deposited large collateral as security and does not know what has become of it. He may well be entitled to an accounting. It is elementary, however, that an action on the note may proceed without previous recourse to the collateral. No affidavit is submitted by defendant in opposition but he raises the point of law in the hope of defeating the motion. He contends that plaintiff
Case-law data current through December 31, 2025. Source: CourtListener bulk data.