1. Home
  2. Browse Decisions
  3. N.J.
  4. 220 N.J.
  5. 220 N.J. Super. 506 (1987)
 

MT. HOLLY STATE BK. v. MT. HOLLY WASHINGTON HOTEL, INC.

220 N.J. Super. 506 (1987)

532 A.2d 1125

MOUNT HOLLY STATE BANK, PLAINTIFF-APPELLANT, v. MOUNT HOLLY WASHINGTON HOTEL, INC., A NEW JERSEY CORPORATION, EBERHARD E. WEIGEL, STERLING DAVIS, JR., AND WILLIAM K. MCDANIEL, JOINTLY, SEVERALLY AND IN THE ALTERNATIVE, DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided October 14, 1987.

Attorney(s) appearing for the Case

Apell and Mathews, attorneys for appellant (Paul C. Detrick, on the brief).

Milton Josephson, attorney for respondents Sterling Davis, Jr. and William K. McDaniel.

Before Judges PRESSLER, BILDER and SKILLMAN.

The opinion of the court was delivered by BILDER, J.A.D.

This is an appeal by a bank from a judgment entered in favor of guarantors following a bench trial. At issue is the liability of signers of unconditional and continuing guaranties of the obligation of a corporate business after they have sold their interests in the business in the absence of a specific notice to the lender of revocation.

Putting aside...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases