HOME LOAN, ETC., ASSOC. v. PATERRA

No. 522-Appeal.

255 A.2d 165 (1969)

HOME LOAN AND INVESTMENT ASSOCIATION v. John J. PATERRA.

Supreme Court of Rhode Island.

July 2, 1969.


Attorney(s) appearing for the Case

Adler, Pollock & Sheehan, Edward L. Maggiacomo, for plaintiff.

Earl F. Pasbach, for defendant.


OPINION

JOSLIN, Justice.

This civil action was brought in the superior court by the payee against an accommodation maker to recover the unpaid balances due on two negotiable promissory notes. A trial justice sitting without a jury determined that the plaintiff had failed to advise the defendant about certain relevant and material facts concerning the loan transactions, treated the concealment of those facts as equivalent to fraud, and found for the defendant...

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