Legal Opinion

Stagg Tool & Die Corp. v. Weisman

Appellate Division of the Supreme Court of the State of New York

Decided December 20, 1960PublishedCited by 6 opinions

1Opinion of the CourtStevens, J.

This is an action to recover sums of money allegedly owed by defendant as guarantor of performance of supply agreements between plaintiff and Klozo Zipper Corp. (herein called Klozo) and as indorser of notes made by Klozo and delivered to plaintiff. Each note was given in the month following receipt of the shipment to which it referred, and by its terms was to be paid within five months after issue.

The written agreement of May 8, 1958 (later amended by agreement dated Sept. 25, 1959) between plaintiff and Klozo provided that in case of default in payment of any of the notes, the plaintiff…

2Cases cited6 opinions

  1. General Investment Co. v. Interborough Rapid Transit Co.New York Court of Appeals · 1923
  2. Brown v. . CurtissNew York Court of Appeals · 1849
  3. Bank for Savings v. Rellim Construction Co.New York Court of Appeals · 1941
  4. Berman-Steinberg, Inc. v. Standard Cotton Stores, Inc.City of New York Municipal Court · 1932
  5. Bank of the United States v. LunenfeldNew York Supreme Court · 1937

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3Cited by6 opinions

  1. Gateway State Bank v. Shangri-La Private Club for Women, Inc.Appellate Division of the Supreme Court of the State of New York · 1985
  2. State of New York v. Peerless Ins. Co.New York Court of Appeals · 1986
  3. State v. Peerless InsuranceAppellate Division of the Supreme Court of the State of New York · 1985
  4. Nutmeg Financial Services, Inc. v. CowdenDistrict Court, E.D. New York · 1981
  5. United States v. Birngold Realty Co.District Court, S.D. New York · 1962

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