BANKERS TRUST HUDSON VALLEY v. CHRISTIE


68 A.D.2d 969 (1979)

Bankers Trust Hudson Valley, N. A., Respondent, v. Gerald A. Christie, Appellant, et al., Defendant

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

March 15, 1979


On February 15, 1973 defendants Christie and Di Peri executed in favor of plaintiff an "Unlimited Guaranty" which provided that "In consideration of financial accommodations given or to be given" to Di Peri & Christie Complete Car Care, Inc., defendants, "irrevocably and unconditionally" guaranteed payment to plaintiff of any and all liabilities of the corporation of which defendants were stockholders and officers. The defendants waived notice of acceptance of the guarantee...

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