Ordered that the order is affirmed insofar as appealed from, with costs.
The plaintiff alleged, inter alia, that the defendant Philip J. Sagona induced him to loan $160,000 to Sagona's company, the defendant Blackwood, Ltd. (hereinafter Blackwood) for the purpose of investing those funds in a bond trading program. Blackwood, through its president Sagona, executed a "demand note," promising to repay the principal sum of $160,000, plus interest in the amount of $2,400...
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