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ROCHESTER CAPITAL LEASING v. BARBER

19 A.D.2d 114 (1963)

Rochester Capital Leasing Corporation, Appellant, v. Clarence H. Barber et al., Respondents

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

June 27, 1963.

Attorney(s) appearing for the Case

Goldstein, Goldman & Kessler (Andrew M. Greenstein of counsel), for appellant.

Brown, Zurett, Sullivan, Smith & Gough (Thomas W. Sullivan of counsel), for respondents.

WILLIAMS, P. J., BASTOW, HALPERN and HENRY, JJ., concur.

Per Curiam.

Defendants owned a laundromat and dry cleaning center. They sold certain machinery and other personal property used therein to plaintiff and at the same time sold the business to third parties. Plaintiff leased the personal property to the third parties for a period of five years and the latter promised to pay monthly rental of approximately $1,000. At about the same time defendants entered into a guarantee agreement with plaintiff. The preamble...

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