Midstates Resources Corp. v. Burgess & Fenmore

The opinion of the court was delivered by

STERN, P.J.A.D.

Defendants Burgess and Fenmore (“B & F”), a partnership, and Arthur W. Burgess (hereinafter “defendants”) appeal from an order entered on December 18, 1998, granting judgment against them to plaintiff in the amount of $178,930.65.2 The order has been certified as final, and there is no contest as to the order’s appealability.

On October 27, 1995, B & F executed a “Commercial Loan Note” with Summit Bank and obtained a $125,000 loan to be drawn down over several months. The note, signed by both Burgess and co-defendant Paul F. Fenmore on…