CHASE LINCOLN FIRST BANK v. SMITH


144 A.D.2d 816 (1988)

Chase Lincoln First Bank, N. A., Respondent, v. Jessica Smith, Appellant

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

November 10, 1988


Harvey, J.

On January 23, 1985, defendant executed a written agreement guaranteeing all of the existing and future debts owed by Kaminsky Design & Sign, Inc. (hereinafter KDS) to Lincoln Lease/way, Inc. (hereinafter Lincoln), a wholly owned subsidiary of plaintiff. KDS subsequently defaulted on a lease with plaintiff involving certain computer equipment. Plaintiff had paid $11,190.20 for the equipment and...

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