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FEINBERG v. OLD VESTAL RD. ASSOCS., INC.

157 A.D.2d 1002 (1990)

Jeffrey Feinberg et al., as Coexecutors of Benjamin L. Feinberg, Deceased, Respondents, v. Old Vestal Road Associates, Inc., et al., Appellants

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

January 25, 1990

Harvey, J.

In February 1985, defendants became interested in purchasing the Vestal Tennis Center in the Town of Vestal, Broome County. As a result, defendant Edward V. Green contacted Benjamin L. Feinberg (hereinafter decedent) seeking help with financing the planned purchase. Thereafter, on March 7, 1985, decedent personally borrowed $725,000 from Endicott Trust Company. Endicott disbursed the loan proceeds in two checks; one payable to Marine Midland...

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