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CHEM. EXCH. BANK v. BROUS

6 Misc.2d 372 (1957)

Chemical Corn Exchange Bank, Plaintiff, v. Louis A. Brous et al., Defendants.

Supreme Court, Special Term, New York County.

April 17, 1957.

Attorney(s) appearing for the Case

Yalkin & Cohen for plaintiff.

Edward F. Rosiny for Louis A. Brous, defendant.

ARON STEUER, J.

The motion is for summary judgment on a guaranty. It appears that a corporation known as Miss Cane, Inc. was in financial difficulty. It owed several creditors, including this plaintiff to which it owed $50,000 on a note. On July 22, 1955 an extension agreement with the creditors and with defendant Brous was signed. By the terms of this agreement Brous advanced $100,000 to the corporation. All...

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