STAAB v. NORTHFIELD SAVINGS BANK

Nos. 87-75, 88-75.

349 A.2d 214 (1975)

John J. STAAB et al. v. NORTHFIELD SAVINGS BANK. NORTHFIELD SAVINGS BANK v. John J. STAAB et al.

Supreme Court of Vermont.

As Amended January 20, 1976.


Attorney(s) appearing for the Case

John A. Burgess Associates, Ltd., Montpelier, for Staab.

McKee, Clewley & FitzPatrick, Montpelier, for Northfield Savings Bank.

Before BARNEY, C. J., and SMITH, DALEY and BILLINGS, JJ.


BILLINGS, Justice.

The Northfield Savings Bank commenced a foreclosure action against John J. Staab, Cecile B. Staab, the Staab Family Trust, and Julian Goodrich Architect, Inc. in the Washington Superior Court; and the defendants Staab and the Staab Family Trust counterclaimed alleging that the plaintiff was charging a usurious rate of interest by its mortgage interest rate schedule. These causes were consolidated for the purpose of trial. Findings of fact were made...

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