LANGEVELD v. L.R.Z.H. CORP.


130 N.J. Super. 486 (1974)

327 A.2d 683

JOHN P. LANGEVELD, PLAINTIFF, v. L.R.Z.H. CORPORATION, A CORPORATION OF THE STATE OF NEW JERSEY, DEFENDANT.

Superior Court of New Jersey, Chancery Division.

Decided October 9, 1974.


Attorney(s) appearing for the Case

Mr. Robert E. McGuire for plaintiff (Messrs. Randall, Randall & McGuire, attorneys).

Mr. Joseph A. Higgins, Jr. for defendant Joseph A. Higgins, Sr.


GELMAN, J.S.C.

Plaintiff moves for summary judgment against defendant Joseph A. Higgins, Sr., on his personal guaranty of payment of a promissory note made by defendant L.R.Z.H. Corporation.

The facts are not in dispute. On March 10, 1972, L.R.Z.H. executed and delivered its promissory note in the amount of $57,500 to plaintiff. As security for the note L.R.Z.H. on the same date executed and delivered to plaintiff a mortgage covering lands which it owned in...

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