Case Name: American Capital Corporation, as Assignee of Harold C. Burger, Trustee in Bankruptcy of Max Stark, Doing Business as Automatic Machine & Tool Co., Respondent, v. "Albert" F. Gastello, Defendant, and Harold D. McCreedy, Doing Business as Castellos, Appellant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1951-04-24
Citations: 278 A.D. 762
Docket Number: 
Parties: American Capital Corporation, as Assignee of Harold C. Burger, Trustee in Bankruptcy of Max Stark, Doing Business as Automatic Machine & Tool Co., Respondent, v. “Albert” F. Gastello, Defendant, and Harold D. McCreedy, Doing Business as Castellos, Appellant.
Judges: 
Reporter: Appellate Division Reports
Volume: 278
Pages: 762–762

Head Matter:
American Capital Corporation, as Assignee of Harold C. Burger, Trustee in Bankruptcy of Max Stark, Doing Business as Automatic Machine & Tool Co., Respondent, v. “Albert” F. Gastello, Defendant, and Harold D. McCreedy, Doing Business as Castellos, Appellant.

Opinion:
Order unanimously reversed, without costs, and the motion to vacate, cancel and set aside the judgment entered against defendant by default and for leave to defendant to serve a proposed verified answer to the complaint is granted upon condition, however, that defendant file a surety company bond in the amount of the vacated judgment to stand as security for any judgment that may be obtained by plaintiff. Settle order on notice. Present — Peck, P. J., Dore, Cohn, Van Voorhis and McCurn, JJ.