FIRST NAT'L BANK OF GLENS FALLS v. MYERS


9 A.D.2d 823 (1959)

First National Bank of Glens Falls, Respondent, v. Laurette E. Myers, Appellant

Appellate Division of the Supreme Court of the State of New York, Third Department.

November 13, 1959


The mortgage was given to secure payment of $6,000 "to be paid according to a certain note or obligation bearing even date herewith", the note referred to being that of the appellant mortgagor's son and daughter-in-law in amount $16,824.97. The actual effect of the mortgage was to secure to the extent of $6,000 appellant's guarantee of the indebtedness represented by the note, pursuant to a separate instrument whereby appellant "unconditionally" guaranteed payment, in broad...

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