Legal Opinion
Commercial Credit Plan, Inc. v. Beebe
Supreme Court of Vermont
Decided January 2, 1963No. 1019PublishedCited by 13 opinions
1Opinion of the CourtBarney, J.
The defendants are seeking to avoid payment of a promissory note. They defended successfully below on the ground that the plaintiff, as payee, was barred by fraudulent activities that induced the making of the note. The defendants have refused to make any payments on the note.
The plaintiff is a small loan company authorized to do business in Vermont. The defendants went to the plaintiff to borrow $495.00. This money was advanced on the basis of the credit standing of the defendants and the obligation was evidenced by the promissory note sued on in this case. The plaintiff knew that the money…
2Cases cited10 opinions
- State v. TeitleSupreme Court of Vermont · 1952
- Howard National Bank v. WilsonSupreme Court of Vermont · 1923
- Newell Brothers v. HansonSupreme Court of Vermont · 1924
- Kinsley v. WillisSupreme Court of Vermont · 1957
- Wakefield v. LevinSupreme Court of Vermont · 1955
5 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Gottsch v. Bank of StapletonNebraska Supreme Court · 1990
- FIRST NATIONAL BANK IN LENOX v. BrownSupreme Court of Iowa · 1970
- Legault v. LegaultSupreme Court of Vermont · 1983
- Cheever v. AlbroSupreme Court of Vermont · 1980
- Madowitz, Kohl and Amherst Realty, LLC v. The Woods at Killington Owners' Association, Inc.Supreme Court of Vermont · 2014
8 more not listed; retrieve them via the Exa API.