Cantor v. Newton

These are twenty-three separate actions brought in the Superior Court to recover the unpaid balances, with interest, due on forty-one various promissory notes made either by the firm of Roberts & Co. (Roberts) or by Investment Funds Inc. (IFI) during the period from October 2, 1961, through August 11, 1970. The claims of all the plaintiffs depend, directly or derivatively, on the written guaranties of thirty-one of those notes by one Arnold Goodman, who, at the times of his guaranties, was a partner in Roberts and the treasurer of and a stock holder in IFI. All twenty-three cases have been…