Home Loan & Investment Ass'n v. Paterra
Supreme Court of Rhode Island
1Opinion of the CourtJoslin, J.
This civil action was brought in the superior court by the payee against an accommodation maker to recover the unpaid balances due on two negotiable promissory notes. A trial justice sitting without a jury determined that the plaintiff had failed to advise the defendant about certain relevant and material facts concerning the loan transactions, treated the concealment of those facts as equivalent to fraud, and found for the defendant for whom judgment entered. The plaintiff appeals.
The facts are not in dispute and can be briefly stated. In November 1964, Ernest Petteruti applied to plaintiff…
2Cases cited9 opinions
- Stewart v. Wyoming Cattle Ranche Co.Supreme Court of the United States · 1888
- Donovan v. Aeolian Co.New York Court of Appeals · 1936
- Cohen v. VivianSupreme Court of Colorado · 1960
- Cliftex Clothing Co. v. Di SantoSupreme Court of Rhode Island · 1959
- Haddad v. ClarkSupreme Court of Connecticut · 1945
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- Western Reserve Life Assurance Co. of Ohio v. CONREAL LLCDistrict Court, D. Rhode Island · 2010
- Western Reserve Life Assurance Co. v. CaramadreDistrict Court, D. Rhode Island · 2012
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