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  5. 181 A.D.2d 402 (1992)
 

COMPUGRAPHIC CORP. v. FOXFIRE ENTERS., INC.

181 A.D.2d 402 (1992)

Compugraphic Corporation, Respondent, v. Foxfire Enterprises, Inc., Appellant

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

March 3, 1992

This is an action on a guarantee. Plaintiff Compugraphic Corporation entered into an agreement with Design Studio, Inc. (Design), effective April 20, 1983, for the lease of certain "SYSTEM AND SOFTWARE" (photo composition) equipment. On January 18, 1983, defendant Foxfire Enterprises, Inc. (Foxfire) guaranteed payment of the indebtedness. The guarantee was signed by the president of Foxfire, George Gonos. Design defaulted and this action followed.

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