Gordon v. Corporate Insurance Services, Inc.

HAVERFIELD, Chief Judge.

Lawrence Gordon, defendant, appeals an adverse final money judgment in an action on a note and personal guaranty.

*604In October 1976, 183 Street Development Corporation (183 Corp.), of which Gordon is president, agreed to purchase workmen’s compensation insurance through plaintiff-appellee, Corporate Insurance Services, Inc. (C.I.S.). A policy was issued by Maryland Casualty Company for a period of one year effective October 8, 1976 and in December 183 Corp. paid an estimated quarterly deposit premium of $7,757.1 After the first quarterly audit for the period from October…