Ucello v. Cosentino

In this suit in equity the plaintiff seeks damages and an injunction against the foreclosure of a mortgage on land in Quincy. The plaintiff has appealed from a final decree dismissing the bill and, on counterclaims, establishing indebtedness of the plaintiff to certain defendants. A master to whom the suit was referred found as follows.

On October 16, 1959, Perry Bird, Inc., a Massachusetts corporation of which the plaintiff was president, treasurer and controlling stockholder, executed a first mortgage on a 14.29 acre parcel of land in Quincy (hereinafter referred to as A) to Harold Morris to…