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GANDY MACH., INC. v. POGUE

106 A.D.2d 684 (1984)

Gandy Machinery, Inc., Respondent-Appellant, v. Marion M. Pogue, as Executrix of George C. Pogue, DECEASED, Appellant-Respondent

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

December 6, 1984

In June of 1978, defendant agreed to purchase 100 head of beefalo from one Richard Johnson at a price of $66,000. Defendant financed $33,000 of the total purchase price through a local bank, which is not a party to this action, and with the assistance of Johnson, financing of the remaining $33,000 was arranged with plaintiff. Pursuant to this arrangement, defendant executed a note and security agreement giving plaintiff a security...

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