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RAKOSI v. GEN. ELEC. CREDIT CORP.

59 A.D.2d 553 (1977)

Samuel R. Rakosi et al., Appellants, v. General Electric Credit Corp., Respondent

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

August 8, 1977

Judgment affirmed, with costs.

Plaintiffs are in the business of lending money for capital improvements. Defendant (GECC) is in the business of financing personal property. On or about May 11, 1972, Wojjas Skyland Mobile Homes, Inc. (Wojjas), a dealer in mobile and modular homes, and not a party to this action, entered into a security agreement with GECC, whereby GECC was to finance the purchase of modular homes by Wojjas. GECC filed a financing statement in the office...

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