Legal Opinion
Franklin National Bank v. Palm Beach Builders, Inc.
New York Supreme Court
Decided January 6, 1961PublishedCited by 5 opinions
1Opinion of the Court
William R. Brennan, Jr., J.
By this motion for summary judgment plaintiff Bank seeks to enforce a ‘ ‘ guarantee of all liability” executed by the defendant Marilyn Joy Samuels on January 25,1956. The guarantee covered the unconditional pay*987ment of “ any and every obligation or liability of Borrower (Walter R Samuels) to Bank * * * whether now existing or hereinafter incurred ”, and was given in order to induce the Bank to 1 ‘ make such advances, loans or extensions of credit, directly or indirectly, to Walter B. Samuels ”. On November 21, 1957 and December 31, 1957 two promissory notes, each…
2Cases cited2 opinions
- Judd v. Board of Education of Union Free School District No. 2New York Court of Appeals · 1938
- Standard Oil Co. v. KochNew York Court of Appeals · 1932
3Cited by5 opinions
- Crompton-Richmond Company, Inc., Factors v. James S. BriggsCourt of Appeals for the Fifth Circuit · 1977
- Baker v. Citizens State Bank of St. Louis ParkSupreme Court of Minnesota · 1984
- Central Trust Co. v. Gottermeier Development Co.New York Supreme Court · 1971
- Central State Bank v. BotwinAppellate Terms of the Supreme Court of New York · 1972
- Miami National Bank v. NunezDistrict Court of Appeal of Florida · 1985