SNELLING v. STATE STREET BANK & TRUST CO.


358 Mass. 397 (1970)

265 N.E.2d 350

JONATHAN R. SNELLING & another, administrators, vs. STATE STREET BANK AND TRUST COMPANY & others.

Supreme Judicial Court of Massachusetts, Suffolk.

December 15, 1970.


Attorney(s) appearing for the Case

William D. Ruckelshaus, Assistant Attorney General, Herbert F. Travers, Jr., United States Attorney, Mary M. Brennan, Assistant United States Attorney, and Morton Hollander & J.F. Bishop, Attorneys, Department of Justice, for the United States.

John J. Sullivan for William Herbits & another.

Norman Burwen & Joseph F. Hodapp for Jonathan R. Snelling & another, administrators.

Present: SPALDING, CUTTER, KIRK, SPIEGEL, REARDON, & QUIRICO, JJ.


CUTTER, J.

The administrators with the will annexed of the estate of Henry B.W. Snelling (Snelling) by equity petition in the Probate Court have sought declaratory and other relief against (1) Mr. Axel B. Gravem and Mr. William Herbits (the coguarantors), who with Snelling guaranteed payment of a loan by Small Business Administration (SBA) to Plymouth Bay Packing Company, Inc. (Plymouth), a Massachusetts corporation; and...

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