Schinasi v. Lane
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, Robert E. Lane, from a judgment of the Supreme Court in favor of the plaintiffs, entered in the office of the clerk of the county of New York on the 6th day of July, 1906, upon the decision of the court rendered after a trial at the New York Trial Term without a jury.
1Opinion of the Court
Laug-hlin, J.:
The plaintiffs were copartners engaged in manufacturing and selling cigarettes. The defendant was a stockholder and president of the Retail Cigar and Tobacco Dealers’ Association of Hew York, a domestic corporation. With a view to inducing the plaintiffs to give credit to his company, after negotiations between the parties, the defendant wrote, signed and delivered to the plaintiffs a guaranty as follows:
“Hew York, April 29th, ’05.
“ Messrs. Schinasi Bros.,
“ Present:
“ Dear Sirs.— I hereby guarantee any bills the Retail Cigar and Tobacco Dealers’ Association of Hew York may…
2Cases cited2 opinions
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- Community National Bank & Trust Co. v. CognettaAppellate Division of the Supreme Court of the State of New York · 1982
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