Topat Equipment Co. v. William H. Porter Book Reviews
Topat Equipment Co. v. William H. Porter by Supreme Court of New York Book Summary
[50 A.D.2d 1098 Page 1098] Order unanimously affirmed, with costs. Memorandum: On this appeal William H. Porter, doing business as Porter Real Estate (Porter), claims that as a result of the August, 1974 release, summary judgment should be awarded him dismissing Topat Equipment Co., Inc.'s (Topat) complaint and that the release should also bar Topat's claim for summary judgment. We disagree. We conclude that there were here involved two separate and distinct claims between Topat and defendant-appellant Porter. The first was a claim for $10,858 for snowplowing services rendered by Topat at the Northern Lights Shopping Center occupied by K-Mart Stores, a portion of which shopping center was at the time managed by Porter. This claim was presented by Topat to Porter on December 24, 1973 and later compromised and settled between the parties in the amount of $5,500 by a written agreement dated February 1, 1974 accompanied by a $1,500 payment, followed by a $1,000 payment on February 11, 1974 which reduced the principal owed from Porter to Topat to $3,000. The second was a release obtained in August, 1974 in the amount of $45,000 running from Topat to Cicero Mall Associates, Westminster Properties, Inc., and Porter arising out of a certain claim for work, labor and services and materials furnished between August 1, 1973 and December 31, 1973, originally in the amount of $126,154. A release is construed as a general release barring any and all claims against the party released only when the parties so intend it to be and, in construing a release, it should be given a reasonable construction in accordance with the meaning that the wording of the instrument clearly purports. Thus, in determining what claims or causes of action are covered by a release much depends upon the purpose for which it was executed. So if, from the recitals therein or otherwise, it appears that the release is to be limited to only particular claims, demands, or obligations, the instrument will be operative as to those matters alone, and will not release other claims, demands or obligations (49 NY Jur, Release and Discharge, § 33, p 405). Thus, the general words of release are limited by a recital of a particular claim. This second claim and the release obtained thereon related solely to debts incurred by Cicero Mall Associates in the erection of a shopping center at Clay, New York. The [50 A.D.2d 1098 Page 1099]
Book Name | Topat Equipment Co. v. William H. Porter |
Genre | Law |
Author | Supreme Court of New York |
Published | 17 December 1975, Wednesday |
Language | English |
E-Book Size | 62.59 KB |
Topat Equipment Co. v. William H. Porter (Supreme Court of New York) Book Reviews 2024
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Summary of Topat Equipment Co. v. William H. Porter by Supreme Court of New York
The Topat Equipment Co. v. William H. Porter book written by Supreme Court of New York was published on 17 December 1975, Wednesday in the Law category. A total of 146 readers of the book gave the book 0 points out of 5.
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