Bloom v. Bender

From a judgment for plaintiff in his action to recover on a continuing guarantee, defendant appeals, claiming that, for reasons hereinafter specified, her liability as guarantor had terminated. We have concluded that, under the provisions of the agreement and the applicable principles of the law of suretyship, 1 defendant’s contentions are not supportable, and the judgment for plaintiff should therefore be affirmed.

Stipulated facts are as follows:

On April 18, 1947, defendant executed a guarantee addressed to Crompton-Riehmond Company, Inc. (hereinafter referred to as Company). This agreement,…