Steingart Associates, Inc. v. Lots of Fun, Inc.

OPINION OF THE COURT

Eugene M. Hanofee, J.

Steingart Associates, Inc., has moved this court, by notice of motion and affidavit, for an order requiring the Town of Thompson to pay over to Steingart Associates, Inc., the sum of $3,250.90, which moneys are in the said Town’s possession, as a result of a lease arrangement between the Town of Thompson and Lots of Fun, Inc.

The facts which give rise to the present controversy are basically not in dispute. The Town of Thompson presently holds $10,000 belonging to Lots of Fun, Inc., as security for the full and faithful performance by Lots of Fun, Inc.,…