OPINION BY SPAETH, J., December 22, 1975:
This is an appeal from the denial of a motion for a new trial in an assumpsit action.
By written agreement of August 25, 1966, appellant, Atlas Financial Corporation, agreed to lend $260,000 to the 215 Broad Corporation, part of this amount to be applied to the repayment of an earlier loan by Atlas to 215 Broad, and the balance, some $229,000, to be used in the renovation of a restaurant located at 213-15-17 South...
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