Boxwood Corp. v. Berry

Banke, Judge.

This is an appeal from a summary judgment for the plaintiffs in a suit on a promissory note.

The defendant Boxwood Corp. issued the note to Berry & Freyer Land Co., a partnership which has since dissolved and whose sole partners were the plaintiffs, Robin Berry and Fred Freyer. The note was given in payment of a broker’s commission on a real estate purchase and was secured by a loan deed to the property. Defendants Edward Elson and Harry Elson had formed the defendant Boxwood Corp. for the specific purpose of purchasing the property while avoiding personal liability on the…