Mucha v. Brown, No. Cv 91 48796 S (Jul. 10, 1997)

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.] Memorandum Filed July 10, 1997 The plaintiff, Jack L. Mucha, has brought this action against the defendant, Richard L. Brown, to recover the principal of a $60,000.00 loan which he made to the defendant on or about May 7, 1987, under an oral agreement between them that was never reduced to writing, that the proceeds of the loan would be used by the defendant to purchase, renovate and sell a house located at 81 Acorn Road in East Dennis, Massachusetts. The parties agreed that the principal amount of the loan would be…