In re Abo Samra
Appellate Division of the Supreme Court of the State of New York
Appeal by the petitioners, Nicola Abo Samra and another, from, an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 8th day of July, 1915, denying their motion for an order releasing as against them the lien of s-judgment.
1Opinion of the Court
Laughlin, J.:
The judgment was recovered by default on the 8th day of December, "1914, against one Horne as maker and the petitioners as indorsers of a promissory note. The petitioners were copartners, and shortly after they indorsed the note and before *605it became due they became unable to meet their obligations, and in the month of November, 1913, entered into a composition agreement with their creditors, but the agreement was not executed by the bank. The composition agreement contemplated that all the assets of the copartnership should be, and they were, taken over by a creditors’ committee…
2Cases cited1 opinion
- Mecum v. BeckerAppellate Division of the Supreme Court of the State of New York · 1914