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FIRST NEW JERSEY BANK v. F.L.M. BUS. MACHINES, INC.

130 N.J. Super. 151 (1974)

325 A.2d 843

FIRST NEW JERSEY BANK, ETC., PLAINTIFF, v. F.L.M. BUSINESS MACHINES, INC., ETC., ET AL., DEFENDANTS.

Superior Court of New Jersey, Law Division.

August 23, 1974.

Attorney(s) appearing for the Case

Mr. Harold Wovsaniker for plaintiff First New Jersey Bank.

Mr. John Fiorello for defendant Horace Goodenough (Messrs. Hoffmann & Fiorello, attorneys).

Mr. David J. Sheehan for defendant John MacMahon (Messrs. Crummy, Del Deo, Dolan & Purcell, attorneys).

DREIER, J.D.C., Temporarily Assigned.

Plaintiff has moved for summary judgment against two signers of unconditional and continuing guaranties of the obligations of F.L.M. Business Machines, Inc. (hereinafter referred to as F.L.M.). Although there were several parties who executed the guaranty form, the issues in this case involve only defendants John D. MacMahon and estate of Horace Goodenough (the late Mr. Goodenough having been one of the endorsers).

The...

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