Mister Jay Fashions, Inc. v. BayBank Middlesex, N.A.

This is an action in contract to recover the sum of $875.00 pursuant to a letter of credit issued to the plaintiff, Mister Jay Fashions, Inc. (Mister Jay), by the defendant BayBank Middlesex, N.A. (Bank) as executed by the defendant James J. Blatchford.

The case was tried in the lower court upon the following oral and written stipulations *248of the parties:

1. The Bank is a national banking association with a usual place of business in Burlington, Massachusetts.

2. The Clothes Garden Corporation, a Massachusetts corporation in existence at all times pertinent thereto, requested some time in early…