Legal Opinion
Sargent D. Nichols, Individually and as He is Trustee of Andover Northway Realty Trust, Charles MacGill and Allan R. Ball v. The Cadle Company
Court of Appeals for the First Circuit
Decided March 18, 1998No. 97-1518PublishedCited by 10 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
On December 21, 1990, the Andover Northway Realty Trust executed a promissory note with installment payments in favor of the Woburn Savings Bank and secured it by giving the bank a mortgage on property the trust had purchased in Peabody, Massachusetts. The note was for $3.28 million for one year with installments of $30,969.40 to be paid each month and the balance due at year’s end. Three individuals — Messrs. Nichols, MacGill, and Ball — gave the bank personal guarantees on the note.
In July 1991, the Federal Deposit Insurance Corporation became the receiver for the…
2Cases cited7 opinions
- Richard L. Sandstrom, Etc. v. Chemlawn CorporationCourt of Appeals for the First Circuit · 1990
- Dennis Skinner, and Cross-Appellant v. Total Petroleum, Inc., a Michigan Corporation, and Cross-AppelleeCourt of Appeals for the Tenth Circuit · 1988
- Raynor Brothers, a General Partnership v. American Cyanimid Company, Agricultural Division, a Foreign CorporationCourt of Appeals for the Ninth Circuit · 1982
- Lamson & Co. v. AbramsMassachusetts Supreme Judicial Court · 1940
- Stetson v. StindtCourt of Appeals for the Third Circuit · 1922
2 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- DM Research, Inc. v. College of American PathologistsCourt of Appeals for the First Circuit · 1999
- Torres v. Puerto Rico Tourism Co.Court of Appeals for the First Circuit · 1999
- Michael Bavlsik v. General MotorsCourt of Appeals for the Eighth Circuit · 2017
- I v. Services of America, Inc. v. Inn Development & Management, Inc.District Court, D. Massachusetts · 1998
- Chute v. Sears Roebuck & Co.Court of Appeals for the First Circuit · 1998
5 more not listed; retrieve them via the Exa API.