DEMOS v. LYONS


151 N.J. Super. 489 (1977)

376 A.2d 1352

GEORGE DEMOS AND CHRISTINE DEMOS, HIS WIFE, PLAINTIFFS, v. RAYMOND T. LYONS, JR., A/K/A R.T. LYONS, JR., DEFENDANT, AND SUMMIT SQUIRE, INC. A CORPORATION OF THE STATE OF NEW JERSEY, CRANFORD HALL NURSING HOME, A PARTNERSHIP, ANNA L. PIZZI, AND RAYMOND C. ZELTNER, PARTNERS, INTERVENORS. SOMERSET TRUST COMPANY, A BANKING COMPANY OF THE STATE OF NEW JERSEY, PLAINTIFF, v. GEORGE DEMOS, CHRISTINE DEMOS, RAYMOND T. LYONS, JR., A/K/A R.T. LYONS, JR., AND SUMMIT SQUIRE, INC., A CORPORATION OF THE STATE OF NEW JERSEY, DEFENDANTS.

Superior Court of New Jersey, Law Division.

Decided June 24, 1977.


Attorney(s) appearing for the Case

Mr. Daniel J. Matyola for Somerset Trust Company (Messrs. Wharton, Stewart & Davis, attorneys).

Mr. Phidias L. Pollis for George Demos and Christine Demos (Messrs. Pollis, Pappas & Dillon, attorneys).

Mr. Thomas F. Youngblood for Summit Squire, Inc. and Anna L. Pizzi and Raymond C. Zeltner trading as Cranford Hall Nursing Home (Messrs. Crummy, Del Deo, Dolan & Purcell, attorneys).

Mr. Richard J. Sauerwein for Raymond T. Lyons, Jr.


BRODY, J.J.D.R.C., Temporarily Assigned.

This litigation arises out of the failure of George and Christine Demos (buyers) to go through with the purchase of the Summit Squire Restaurant — the business from Summit Squire, Inc. and the realty from Anna L. Pizzi and Raymond C. Zeltner, trading as Cranford Hall Nursing Home (sellers). Sellers contend that the terms of sale are embodied in a signed contract. Buyers...

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