MASSEY v. DEL-VALLEY CORP.


46 N.J. Super. 400 (1957)

134 A.2d 802

J. ROBERT MASSEY, PLAINTIFF-RESPONDENT, v. DEL-VALLEY CORP., A NEW JERSEY CORPORATION, DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided September 30, 1957.


Attorney(s) appearing for the Case

Mr. Ralph S. Warrington argued the cause for plaintiff-respondent (Messrs. Evoy & Feinberg, attorneys).

Mr. James Hunter, III, argued the cause for defendant-appellant and intervener-appellant, Scholz Homes, Inc. (Messrs. Archer, Greiner, Hunter & Read, attorneys).

Before Judges CLAPP, JAYNE and HUGHES.


The opinion of the court was delivered by CLAPP, S.J.A.D.

Defendant appeals from a summary judgment entered against it on a note for $5,000, with interest at 6%, made by it in favor of the plaintiff. The principal question before us is raised by the trial court's holding that an alleged composition agreement among defendant's creditors was not supported by consideration and hence that it did not constitute a good defense...

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