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MARINE MIDLAND BANK v. PALM BEACH MOORINGS, INC.

61 A.D.2d 927 (1978)

Marine Midland Bank, Respondent, v. Palm Beach Moorings, Inc., et al., Appellants

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

March 16, 1978

Respondent shall recover of appellant $60 costs and disbursements. In affirming the order and judgment at Special Term granting plaintiff in part summary judgment, the court does so for reasons other than those stated in the opinion at Special Term. The underlying action by the plaintiff was to recover on an unsecured time note in the sum of $385,000 executed by the defendant Palm Beach Moorings, Inc. (Palm Beach), and guaranteed...

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