Nagel v. Modern Investment Corporation

On October 2, 1943, the defendant, owner of a one-family dwelling house which was not fully completed and ready for occupancy, executed a bond for a deed to the plaintiffs. At the same time, Harry Drazen, president and treasurer of the defendant cor- ' poration, signed a second written instrument in which he agreed to install certain specified articles of equipment and to guarantee the sufficiency of a heating boiler. The plaintiffs admitted in their pleadings that it was the defendant’s contract and we so consider it. On October 9, 1943, the plaintiffs took title, paid the agreed balance and…