New York Supreme Court May 26, 1958 (Credit & Commodity Corp. v. H. R. B. Associates, Inc.)

Aron Steuer, J.

One of three defendants has moved for summary judgment and the plaintiff has cross-moved for the same relief. It appears that the corporate defendant borrowed $25,000 from plaintiff pursuant to a loan agreement. Five notes of $4,000 each and one for $5,000 were given for this loan as well as security.