upon default were signed by Seidman. The indemnity agreement, signed by Caplan and Knob, appeared immediately under Seidman’s signature. While we held that the confessed judgment was properly entered against the primary borrower, we affirmed the order striking judgment against Knob, the indemnitor, stating: Regardless of whether the agreement signed by Knob and Benjamin Caplan was a contract of suretyship or of indemnity ..., it clearly appears that the warrant of attorney to confess judgment was signed only by Seidman and there was accordingly no authorization to enter judgment against Knob.... It is our view that the judgment was properly stricken as to Knob. Id. at 172-73, 199 A.2d at 485; see also Solebury National Bank of New Hope v. Cairns, 252 Pa.Super. 45, 380 A.2d 1273 (1977) (<HOLDING>); Annotation, Enforceability of Warrant of
holding that a confessed judgment was not enforceable against a corporate president who individually guaranteed payment of corporate note signed by him in his capacity as president and which authorized confession of judgment holding the existence of a deadlock in the board of directors creates no extraordinary powers in the corporate president holding deed executed by former corporate president was void holding that a corporate officer signing a contract in his corporate capacity is generally not liable for damages under the contract holding that a judgment in a suit in which a trustee was acting individually would not bind him acting in his capacity as trustee