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BANK OF NEW JERSEY v. HEINE

No. 71-1768.

464 F.2d 1161 (1972)

The BANK OF NEW JERSEY, a Banking Corporation of the State of New Jersey v. Aaron HEINE, Appellant.

United States Court of Appeals, Third Circuit.

Decided July 20, 1972.

Attorney(s) appearing for the Case

Michael H. Egnal, Egnal & Egnal, Philadelphia, Pa., for appellant.

David A. Kasen, Farr, Brandt, Haughey & Penberthy, Haddonfield, N. J., for appellee.

Before SEITZ, Chief Judge, and ADAMS and JAMES ROSEN, Circuit Judges.

OPINION OF THE COURT

SEITZ, Chief Judge.

Defendant appeals from an order of the district court granting plaintiff a summary monetary judgment.

Aaron Heine ("the defendant") entered into a "General Unconditional Guarantee" with plaintiff Camden Trust Company ("the Bank").1 At the time of signing defendant was principal shareholder and president of Ranier's Dairies, Inc. ("the Dairy"). The guarantee secured repayment of...

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