Albano v. City National Bank of Connecticut

There was no error in the summary order which was entered in the Superior Court on December 16,1976, by which a judge of that court determined that two mortgage notes which are the subjects of this action “do not violate . . . (G. L. c. 271, § 49), and are, with respect to principal and interest, valid and enforceable obligations of their makers.” 1. The notion that the rights of the parties are governed by the usury laws of Connecticut is contrary to what appears to have been intended by the original parties to the notes (see, e.g., Thomas G. Jewett, Jr. Inc. v. Keystone Driller Co., 282…