Arrowhead, Inc. v. Safeway Stores, Inc.

Plaintiff appeals from a judgment of the District Court, Deer Lodge County, discharging and releasing plaintiff’s mechanics liens on defendants’ property and dismissing its complaint of usury against defendant.

On November 16, 1973, plaintiff contracted with defendant for the construction of a new Safeway store in Anaconda, Montana. The written contract contained a final completion date of April 10, 1974. The final contract price, after all modifications of the agreement, was $499,506.25.

The contract required plaintiff contractor to obtain bank financing for construction costs. On December 3,…