CMTY. NAT'L BANK & TRUST CO. OF NEW YORK v. STATILE


94 A.D.2d 754 (1983)

Community National Bank and Trust Company of New York, Appellant, v. James R. Statile et al., Respondents

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

May 23, 1983


Order reversed, on the law, without costs or disbursements, and motion for summary judgment on the first cause of action granted.

On March 11, 1974, defendant James Statile became indebted to plaintiff bank as guarantor upon a promissory note. James defaulted on the loan and plaintiff commenced an action against him to recover on the note. On April 29, 1975, while the action was pending, Statile and his wife, who is one of the codefendants, conveyed title to premises...

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