Legal Opinion

Vermont Home Mortgage Credit Agency v. Montpelier National Bank

Supreme Court of Vermont

Decided January 15, 1970No. 131-69PublishedCited by 28 opinions

1Opinion of the Court

Holden, CJ.

The defendant agreed to buy five notes to be issued by the plaintiff in the amount of $10,000 each, bearing annual interest at the rate of five and one-half percent. .The plaintiff Agency is an instrumentality of the State of Vermont which is established and derives its authority from Chapter 11B of the Vermont Statutes Annotated. 1967 (Adj. Sess.) No. 282, effective March 14, 1968. The defendant is a national bank, doing business in Montpelier.

The obligations of the plaintiff to sell, and the defendant to purchase the notes are subject to the provision specified in the contract —…

2Cases cited21 opinions

  1. Berman v. ParkerSupreme Court of the United States · 1954
  2. Matter of N.Y. City H. Authority v. MullerNew York Court of Appeals · 1936
  3. City of Cleveland v. United StatesSupreme Court of the United States · 1945
  4. State v. AuclairSupreme Court of Vermont · 1939
  5. Advisory Opinion Re Constitutionality of PA 1966, No 346Michigan Supreme Court · 1968

16 more not listed; retrieve them via the Exa API.

3Cited by28 opinions

  1. California Housing Finance Agency v. ElliottCalifornia Supreme Court · 1976
  2. State Ex Rel. Warren v. NusbaumWisconsin Supreme Court · 1973
  3. Martin v. North Carolina Housing CorporationSupreme Court of North Carolina · 1970
  4. State Ex Rel. Douglas v. Nebraska Mortgage Finance FundNebraska Supreme Court · 1979
  5. Johnson v. Pennsylvania Housing Finance AgencySupreme Court of Pennsylvania · 1973

23 more not listed; retrieve them via the Exa API.

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