Mister Jay Fashions, Inc. v. Bay Bank Middlesex, N.A.

OPINION

Cowdery, P.J.

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 Bay Bank 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 of the parties:

1. “The Bank is a national banking association with a usual place of business in Burlington, *98Massachusetts.

2. “The Clothes Garden Corporation, a Massachusetts' corporation in existence at all times pertinent thereto,…