KRAMER v. HARRINGTON WELLS & RHODES, LTD.


275 A.D.2d 302 (2000)

711 N.Y.S.2d 507

PHYLLIS H. KRAMER et al., Respondents, v. HARRINGTON WELLS & RHODES, LTD., Defendant, and JOSEPHINE STOCKLI-NAPOLITANO et al., Appellants.

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

Decided August 7, 2000.


Ordered that the order is affirmed insofar as appealed from, with costs.

The three plaintiffs made separate loans to the corporate defendant, Harrington Wells & Rhodes, Ltd. Each of the loans was secured by a promissory note. The corporate defendant made timely interest payments pursuant to the promissory notes, but defaulted on the principal when it became due. Following the default, the individual defendants Josephine...

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