La Mar Hosiery Mills, Inc. v. Credit & Commodity Corp.

Max J. Wolff, Ref.

This action was tried before me by consent without a jury.

The plaintiff sues upon a written guaranty which reads as follows:

Lamar Sos. Mills. 12-18-58

Lamar, S. C.

Guarantying [sic] $8,500.00 purchased

Stylewise 40 days terms.

Comd. Credit Corp.

New York, N. Y.

The defendant, a New York corporation called Credit and Commodity Corporation (the signature upon the guaranty is somewhat different but it is not disputed that it was intended as defendant’s signature) is a factor.

The evidence at the trial established that Stylewise Sales Corporation (hereinafter called “ Stylewise ”), a…