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MFRS. HANOVER TRUST CO. v. MARGOLIS

115 A.D.2d 406 (1985)

Manufacturers Hanover Trust Company, Appellant, v. Marvin Margolis, Respondent

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

December 17, 1985

Plaintiff Manufacturers Hanover Trust Company (MHT) commenced the instant action for summary judgment in lieu of complaint to recover $155,000 in principal plus accrued interest due on a promissory note executed by defendant. In opposition thereto, defendant states that the promissory note involved herein was part of a transaction between himself and Manufacturers Hanover Commercial Corporation (MHCC), a wholly owned subsidiary...

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