Newman v. Roth

Full title: MARTIN H. NEWMAN, as Administrator with the Will Annexed of WILLIAM…

Court: Court of Appeals of the State of New York

Date published: Feb 25, 1943

47 N.E.2d 961 (N.Y. 1943)

47 N.E.2d 961

Opinion

Argued January 7, 1943

Decided February 25, 1943

Appeal from the Supreme Court, Appellate Division, Second Department, FROESSEL, J.

Adolph Feldblum for appellant.

Lloyd B. Kanter and Oscar A. Lewis for respondents.

Judgment affirmed, with costs, on the ground that the transfer of the Necaro Co., Inc., shares by appellant was the agreed consideration for the release of appellant from his obligation under the agreement of guaranty. No opinion. (See 290 N.Y. 865.)

Concur: LEHMAN, Ch. J., LOUGHRAN, FINCH, RIPPEY, LEWIS, CONWAY and DESMOND, JJ.