Legal Opinion
Putney Credit Union v. King
Supreme Court of Vermont
Decided December 7, 1971No. 170-70PublishedCited by 1 opinion
1Opinion of the Court
Holden, CJ.
The defendant King, on November 3, 1965, applied to the plaintiff for a loan to enable him to purchase a tractor from the defendant Furgat Tractor and Equipment, Inc. King’s credit standing was such that the plaintiff denied the application. The plaintiff notified King it would not make the loan unless it was secured by a chattel mortgage on the tractor and the additional signature of a comaker.
The loan was not completed until March 30, 1966, when the note in suit was given. The note was in the amount of $3,000, payable to the plaintiff in monthly installments. The instrument was…
2Cases cited8 opinions
- Clifford v. West Hartford Creamery Co.Supreme Court of Vermont · 1931
- Belleville Savings Bank v. BornmanIllinois Supreme Court · 1888
- Starke v. WannemacherNorth Dakota Supreme Court · 1916
- Bean v. ParkerSupreme Court of Vermont · 1915
- Hooper v. LevinSupreme Court of Vermont · 1942
3 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Fireman's Fund Insurance Company v. Joseph J. Biafore, Inc.Court of Appeals for the Third Circuit · 1975