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LUND v. AGMATA WASHINGTON ENTERS., INC.

190 A.D.2d 577 (1993)

Judith A. Lund, as Executor of Charles E. Lund, Deceased, et al., Respondents, v. Agmata Washington Enterprises, Inc., et al., Appellants, et al., Defendants

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

February 11, 1993

Although defendant Nicholas Grammatas signed the document assuming the terms of the security agreement on behalf of defendant corporation in his representative capacity as its president, he was the sole shareholder and officer and is therefore bound personally by the restrictive covenant set forth in the rider to the security agreement (see, Spilky v Atkin, 120 A.D.2d 581, 582, citing Walcutt v Clevite Corp.,

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