Bonfanti v. Ayers

Plaintiff filed a complaint in 1970. against defendant alleging that plaintiff had loaned defendant a total of $1,000.00, being an initial loan of $1,000.00; subsequently the complaint was amended alleging an additional loan of $550.00 and that said loans had not been repaid. Defendant denied the allegations, claiming that the $1,000.00 was an investment in a joint venture and that the $550.00 had never been furnished to defendant by plaintiff. Defendant also interposed the defense of the Statute of Frauds, 12 V.S.A. § 181(4). Trial by court resulted in a judgment for plaintiff in the amount…