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Schooley Enterprises, Inc. v. Paso Contr

Appellate Division of the Supreme Court of New York, Fourth Department
Jan 15, 1970
33 A.D.2d 981 (N.Y. App. Div. 1970)

Opinion

January 15, 1970

Appeal from the Monroe Special Term.

Present — Marsh, J.P., Witmer, Moule and Bastow, JJ.


Order unanimously reversed on the law, without costs, motion granted and complaint dismissed. Memorandum: Plaintiff as obligee and defendant Paso Contracting Corporation as principal, without the concurrence of defendant Aetna Insurance Company as surety, undertook by contract to alter the terms of the original contract between the parties by reducing from $15,000 to $2,500 the amount to be retained by the obligee from the value of the work actually done under the contract by the principal until the final completion thereof. Such an alteration of the original agreement of the parties so affected the interests of the surety as to discharge the surety obligation. (See St. John's College v. Aetna Ins. Co., 201 N.Y. 335-341.)


Summaries of

Schooley Enterprises, Inc. v. Paso Contr

Appellate Division of the Supreme Court of New York, Fourth Department
Jan 15, 1970
33 A.D.2d 981 (N.Y. App. Div. 1970)
Case details for

Schooley Enterprises, Inc. v. Paso Contr

Case Details

Full title:SCHOOLEY ENTERPRISES, INC., Respondent, v. PASO CONTRACTING CORPORATION…

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

Date published: Jan 15, 1970

Citations

33 A.D.2d 981 (N.Y. App. Div. 1970)

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