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DE RAN LANDSCAPING SERV., INC. v. DE RAN INDUS., INC.

109 A.D.2d 1040 (1985)

De Ran Landscaping Service, Inc., Appellant, v. De Ran Industries, Inc., et al., Respondents

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

March 28, 1985

Yesawich, Jr., J.

On April 13, 1972, plaintiff, De Ran Landscaping Service, Inc. (hereinafter Landscaping), conveyed real property located in the Town of Saugerties, Ulster County, to defendant De Ran Industries, Inc. (hereinafter Industries) in exchange for the latter's noninterest bearing promissory note in the amount of $25,000, payable in April of 1982. The next day, Landscaping's president, Alan Randall...

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