Eastern Tank of Peabody, Inc. v. Moore

This is an action in contract in which the plaintiff seeks to recover an alleged $50,000.00 due, plus eighteen (18%) interest per annum, on a demand promissory note signed by the defendants on September 16,1983.

The plaintiff filed a Dist./Mun. Cts. R. Civ. P., Rule 56 motion for summary judgment. The allegations contained in the plaintiffs complaint and Rule 56 supporting affidavits maybe summarized as follows: Defendant William Moore is the President of Tech Weld Corporation which subcontracted to furnish labor and materials and to manufacture certain steel tank units for the plaintiff as…