Legal Opinion
Royal National Bank v. Sonwel Realty Corp.
Appellate Division of the Supreme Court of the State of New York
Decided April 13, 1972PublishedCited by 5 opinions
1Opinion of the Court
Order, Supreme Court, New York County, entered on December 29, 1971, unanimously reversed, on the law, and plaintiff’s motion for summary judgment pursuant to CPLR 3213 is granted for the principal amount due on the note including interest and attorneys’ fees. Appellant shall recover of respondents $50 costs and disbursements of this appeal. The record conclusively establishes that a loan, as evidenced by a note payable on demand, was made to the defendant corporation, and that each of the individual defendants guaranteed the note. The numerous defenses asserted by the defendants are patently…
2Cases cited2 opinions
- Mount Vernon Trust Co. v. BergoffNew York Court of Appeals · 1936
- National Bank of North America v. Around Clock Truck Service, Inc.New York Supreme Court · 1968
3Cited by5 opinions
- National Bank v. Dogwood Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1975
- Am-Elm Realty, Inc. v. StiversAppellate Division of the Supreme Court of the State of New York · 1977
- Community National Bank & Trust Co. v. Intercoastal Trading Corp.Appellate Division of the Supreme Court of the State of New York · 1976
- Long Island Trust Co. v. International Institute for Packaging Education, Ltd.New York Court of Appeals · 1976
- Long Island Trust Co. v. International Institute for Packaging Education, Ltd.New York Court of Appeals · 1976