(Download) "Nick Topik v. Anthony Thurber" by Supreme Court of Vermont # eBook PDF Kindle ePub Free
eBook details
- Title: Nick Topik v. Anthony Thurber
- Author : Supreme Court of Vermont
- Release Date : January 07, 1987
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 57 KB
Description
Plaintiff Nick Topik and defendants client, Robert Pett, entered into a contract wherein Pett agreed to construct houses on lots owned by plaintiff. Although plaintiff originally obtained loans from First Security Bank to build the houses, Pett was unable to complete the last house because of expenditures had exceeded the construction loans. Therefore, Pett (with plaintiff as guarantor) borrowed an additional $20,000 from First Security Bank to complete the house. At the time he borrowed this money, Pett indicated to the Bank that the loans would be repaid from the sale of the houses and also from proceeds he expected to receive from a pending personal injury lawsuit.