Northampton National Bank v. Attorney General

The plaintiff brought the present action in the Superior Court for the purpose of securing a declaratory judgment to the effect that the plaintiff’s collecting an annual charge of $5.00 from each of the holders of a BankAmericard credit card issued under the plaintiff’s auspices would not be in violation of the provisions of the first paragraph of G. L. c. 140, § 114B, as appearing in St. 1973, c. 273, § l. The Attorney General counterclaimed for a declaratory judgment to the contrary and has appealed from a judgment favorable to the plaintiff. The following is a summary of the facts gleaned…