MEMORANDUM AND ORDER
KEVIN THOMAS DUFFY, District Judge:
Plaintiff, America's Insurance Center, brings this action against Tradewinds Brokerage, Ltd. and its president Anthony Principe as the guarantors of certain premiums due under a policy of insurance issued to the Cross Bay Excavators, Inc. [hereinafter referred to as "Cross Bay"].
The complaint alleges that in November of 1976, Tradewinds, through the machinations of its president Anthony Principe...
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