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NATIONAL UNION FIRE v. WORLEY

257 A.D.2d 228 (1999)

690 N.Y.S.2d 57

NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA., Appellant, v. MARY A. WORLEY, Respondent.

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

May 13, 1999.

Attorney(s) appearing for the Case

Jason M. Lesko of counsel (Richard F. Russell on the brief; D'Amato & Lynch, attorneys), for appellant.

Scott Ozmun of counsel (Whitehurst, Harkness, Ozmun, & Archuleta, attorneys), for respondent.

RUBIN, TOM and ANDRIAS, JJ., concur.

OPINION OF THE COURT

NARDELLI, J. P.

Defendant, a Texas resident, purchased an interest in a Texas limited partnership known as Virgin Isle Hotel Limited Partnership (Partnership). She paid $2,750 in cash and executed and delivered to the Partnership a promissory note for $47,250, which provided for six annual payments of principal and interest.

Plaintiff, National Union Fire Insurance Company (National...

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