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Marcus Dairy, Inc. v. Jacene Realty Corp.

Appellate Division of the Supreme Court of New York, Second Department
May 10, 1993
193 A.D.2d 653 (N.Y. App. Div. 1993)

Summary

In Marcus Dairy v. Jacene Realty Corp., 193 A.D.2d 653, 653, 597 N.Y.S.2d 465 (2d Dept.1993), the guarantor of the payment of two promissory notes, which were issued by the borrower, a Connecticut corporation, and assigned to the plaintiff therein, had secured the guarantee with a mortgage on the subject property in Mount Vernon, Westchester County.

Summary of this case from Wells Fargo Bank, N.A. v. Pena

Opinion

May 10, 1993

Appeal from the Supreme Court, Westchester County (Wood, J.).


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

The appellant is guarantor of the payment of two promissory notes issued by Freedom Foods, Inc., and assigned to the plaintiff. The appellant secured the guarantee with a mortgage on the subject property in Mount Vernon, Westchester County. The plaintiff commenced this action to foreclose on the mortgage, alleging that Freedom Foods had defaulted on the notes.

The Supreme Court did not improvidently exercise its discretion in denying the appellant's cross motion to dismiss pursuant to CPLR 3211 (a) (4). The appellant is not a party to the plaintiff's Connecticut action against Freedom Foods to recover on the promissory notes (see, Breiterman v Elmar Props., 123 A.D.2d 735, 737). In addition, although the appellant's liability as guarantor is dependent on Freedom Foods' default on the notes, the relief sought in this action, foreclosure on the mortgage, is distinct from recovery on the notes, and, indeed, is not available to the plaintiff in the Connecticut action (see, CPLR 507; Kent Dev. Co. v Liccione, 37 N.Y.2d 899, 901).

We have considered the appellant's remaining contentions and find them to be without merit. Thompson, J.P., Eiber, Ritter and Joy, JJ., concur.


Summaries of

Marcus Dairy, Inc. v. Jacene Realty Corp.

Appellate Division of the Supreme Court of New York, Second Department
May 10, 1993
193 A.D.2d 653 (N.Y. App. Div. 1993)

In Marcus Dairy v. Jacene Realty Corp., 193 A.D.2d 653, 653, 597 N.Y.S.2d 465 (2d Dept.1993), the guarantor of the payment of two promissory notes, which were issued by the borrower, a Connecticut corporation, and assigned to the plaintiff therein, had secured the guarantee with a mortgage on the subject property in Mount Vernon, Westchester County.

Summary of this case from Wells Fargo Bank, N.A. v. Pena
Case details for

Marcus Dairy, Inc. v. Jacene Realty Corp.

Case Details

Full title:MARCUS DAIRY, INC., Respondent, v. JACENE REALTY CORP., Appellant, et al.…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: May 10, 1993

Citations

193 A.D.2d 653 (N.Y. App. Div. 1993)
597 N.Y.S.2d 465

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