Cusick v. Ifshin
Civil Court of the City of New York
1Opinion of the CourtBentley Kassal, J.
Motions No. 155 and No. 156, cross motions for summary judgment, are consolidated and both decided herein.
The facts: On March 28, 1969, Carmona Construction Company, Incorporated, by its president, Marc Mendler, acknowledged receipt of a loan of $10,000 from plaintiffs and of another $10,000 from Daniel Ifshin, not a party here. In exchange, the corporation promised to pay the principal in two years with interest at the rate of 20% per annum. In addition, the corporation promised that if certain specified real estate were sold ‘‘ by the present contract vendees thereof ’ ’ during the two-year…
2Cases cited26 opinions
- Richardson v. . HughittNew York Court of Appeals · 1879
- Oleet v. Pennsylvania Exchange BankAppellate Division of the Supreme Court of the State of New York · 1955
- Hartley v. . Eagle Insurance Co.New York Court of Appeals · 1918
- Clarke v. . SheehanNew York Court of Appeals · 1872
- Hard v. . MingleNew York Court of Appeals · 1912
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3Cited by11 opinions
- Mallis v. Bankers Trust Co.Court of Appeals for the Second Circuit · 1980
- Universal Metals & MacHinery, Inc. v. BohartTexas Supreme Court · 1976
- Goodman v. OlsenSupreme Court of Florida · 1974
- Lehman v. Roseanne Investors Corp.Appellate Division of the Supreme Court of the State of New York · 1984
- Goodman v. OlsenDistrict Court of Appeal of Florida · 1978
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