Legal Opinion

Sullivan County National Bank v. Lieman

New York Supreme Court

Decided January 27, 1977Published

1Opinion of the CourtAaron E. Klein, J.

Is summary relief appropriate in this action by a bank on a promissory note?

The complaint in this action alleges, through some seven allegations, this course of events:

Plaintiff Sullivan County National Bank (a national banking corporation with its principal place of business in Liberty, New York) on or about April 17, 1975, loaned "4321 Pelton Realty Corp.” and "L.B.D.R. Sullivan Carlos Corp.” $30,000.

In exchange for this $30,000 loan plaintiff bank took a promissory note dated April 17, 1975 signed by Sidney Lieman as president of "4321 Pelton Realty Corp.” and "L.B.D.R. Sullivan Carlos…

2Cases cited4 opinions

  1. Franklin National Bank v. Wall Street Commercial Corp.New York Supreme Court · 1963
  2. Franklin National Bank v. Eurez Construction Corp.New York Supreme Court · 1969
  3. Brown v. ArcuriAppellate Division of the Supreme Court of the State of New York · 1974
  4. Bernini v. ZylkaAppellate Division of the Supreme Court of the State of New York · 1976

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API