Caspescha v. Plum

SCHAEFFER, J.,

George L. Capescha and Renee J. Caspescha (plaintiffs) have instituted an action in assumpsit against Eugene F. Plum, Edith C. Plum, Eugene F. Plum, II and Dolores Fay Plum (defendants) alleging that plaintiffs and defendants guaranteed a loan to Perkiomen Airways, Ltd.; that Perkiomen Airways, Ltd. defaulted on that loan; that plaintiffs paid the indebtedness guaranteed by the loan; that defendants paid nothing on the loan and that, therefore, plaintiffs are entitled to contribution from defendants.

Perkiomen Airways, Ltd. (Perkiomen) is presently involved in a voluntary…