Legal Opinion

Crompton-Richmond Co., Inc.-Factors v. Smith

District Court, E.D. Pennsylvania

Decided May 16, 1966No. Civ. A. 33450PublishedCited by 13 opinions

1Opinion of the Court

LUONGO, District Judge.

This is a suit by Crompton-Richmond Co., Inc. — Factors (Factors) seeking to recover $25,000 from defendant on a written guarantee which provides:

“GUARANTEE

For valuable consideration I guarantee to Crompton-Richmond Co., Inc. Factors performance of the factoring agreement between Crompton-Richmond Co., Inc. Factors and C. M. Jones & Company, Inc., Calhoun, Georgia, dated December 7, 1961 and payment of all sums due or to become due by C. M. Jones & Company, Inc. arising out of any transactions whether or not connected with said factoring agreement; waive demand on C. M.…

2Cases cited19 opinions

  1. Gianni v. Russell Co., Inc.Supreme Court of Pennsylvania · 1924
  2. Fogelson v. Rackfay Construction Co.New York Court of Appeals · 1950
  3. Speier v. MichelsonSupreme Court of Pennsylvania · 1931
  4. O'Brien v. O'BrienSupreme Court of Pennsylvania · 1949
  5. Hicks v. BushNew York Court of Appeals · 1962

14 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Mellon Bank Corporation and Mellon Bank, N.A., in No. 90-3712 v. First Union Real Estate Equity and Mortgage Investments, in No. 90-3790Court of Appeals for the First Circuit · 1991
  2. Hershey Foods Corporation v. Ralph Chapek, Inc.Court of Appeals for the Third Circuit · 1987
  3. Steinke v. Sungard Financial Systems, Inc.Court of Appeals for the First Circuit · 1997
  4. Federal Deposit Ins. Corp. v. BarnessDistrict Court, E.D. Pennsylvania · 1980
  5. Crompton-Richmond Co., Inc.-Factors v. E. P. Tatum Smith, Jr.Court of Appeals for the Third Circuit · 1967

8 more not listed; retrieve them via the Exa API.

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