September 8, 1997
LA MAR-GATE, INC.,
EUGENE B. SPITZ, ELEANOR R. SPITZ, GENERAL ELECTRIC CREDIT CORPORATION, FIRST KEYSTONE FEDERAL SAVINGS BANK AND ATLANTIC FINANCIAL FEDERAL, PETITION OF EUGENE B. SPITZ.
Petition for Allowance of Appeal from the Order of the Superior Court dated March 27, 1997, at 219PHL95 and 220PHL95, affirming the Order of the Court of Common Pleas of Delaware County dated December 7, 1994 at 89-3085.
AND NOW, this 8th day of September, 1997, the Petition for Allowance of Appeal is GRANTED, but LIMITED to the following issue:
1. Whether a personal guaranty, signed by a general partner and pledged pursuant to a loan transaction regarding the partnership, is surplusage or a nullity, where the general partner who signed the guaranty is also a signatory to a note given by the partnership in connection with the loan transaction.
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