Thomas Mahoney, Plaintiff-Respondent v. Morris Minsky, Robert W. Caverly, and Morris Minsky and Robert W. Caverly…

Summary

The Supreme Court of New Jersey reversed the judgment and remanded for a new trial, holding that interest is due on the $7,000 liquidated note and that the trial court erred in excluding the bank statement, check, and the defendants' business books. The Court declared that the Uniform Business Records as Evidence Act supersedes the old Oberg rule, making properly kept business records admissible as evidence.