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ST. MARKS PLUMBING & HEATING CO., INC. v. KOSS CO-GRAPHICS, INC.

167 A.D.2d 120 (1990)

St. Marks Plumbing and Heating Co., Inc., Appellant, v. Koss Co-Graphics, Inc., et al., Respondents

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

November 1, 1990

Plaintiff loaned defendant corporation, Koss Co-Graphics, Inc. (Koss Co.), $50,000 and Koss Co. executed a promissory note payable to plaintiff, interest free. The signatures of Edward Koss (Koss Co.'s president) and Arthur Cohen appear on the back of the note as endorsers. According to plaintiff, the note was presented to defendants on its due date for payment and defendants failed to tender payment. Defendants assert that in response...

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