NEW YORK PLUMBER'S SPECIALTIES CO., INC. v. 91 E. End Corp.

Memorandum. The order of the Appellate Division should be affirmed.

The plaintiff agreed to open an account for the appellant if the appellant would sign a "guarantee” furnished by the plaintiff. The appellant signed and returned the "guarantee” which provides that "For value received and the further consideration of any credit that you may hereafter from time to time extend to 91 East End Corporation * * * the undersigned does hereby guarantee the full and prompt payment to you, of all indebtedness due to you which the said 91 East End Corporation has heretofore incurred and does hereafter…