Fields v. Wilensky

MAGER, Judge.

This is an appeal by defendant-appellant, E. Louis Fields, from a final judgment entered on September 23, 1970, in favor of plaintiff-appellee, Albert Wilensky, permitting the recovery of the principal on a promissory note. Plaintiff, defendant and one Joseph G. Bland were principals in a corporation; plaintiff loaned the corporation funds but was apparently unwilling to lend such funds without some type of security. The subject note was given as security for repayment of two-thirds of the loan made by plaintiff to the corporation, the defendant undertaking to become a guarantor…