Mazzella v. Lupinachi

This is an action by plaintiff against defendant based upon a written instrument dated October 17, 1969 whereby defendant personally guaranteed the payment of the balance due and owing, to the extent of $7,500 on a certain instrument of Regal Service Associates, Inc. called a promissory note. That note dated November 7, 1968 in the amount of $15,000 recites a loan in that amount made by plaintiff to Regal which note, at least to the extent of $7,500, remains unpaid.

As defendant points out, it is clear that there must be consideration to support this guarantee, which was made after the…