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FIRST WISCONSIN MORTG. TRUST v. WYMAN'S, INC.

No. 19-80.

428 A.2d 1119 (1981)

FIRST WISCONSIN MORTGAGE TRUST v. WYMAN'S, INC., Mt. Snow Development Corporation, and Catamount National Bank.

Supreme Court of Vermont.

February 10, 1981.

Attorney(s) appearing for the Case

Keyser, Crowley, Banse & Kenlan, Rutland, for plaintiff.

Frederick M. Reed, Williston, for Wyman's, Inc.

Arthur J. O'Dea, P. C., Manchester Center, for Catamount.

Before BARNEY, C. J., and DALEY, LARROW, BILLINGS and HILL, JJ.

BARNEY, Chief Justice.

Defendant Wyman's, Inc. was a creditor of defendant Mt. Snow Development Corporation. The defendant Catamount National Bank had money on deposit in the name of the Mt. Snow Development Corporation. Wyman's obtained a default judgment against Mt. Snow in Washington Superior Court and, as a result, trustee process was served on Catamount on June 4, 1976.

On June 14, 1976, Catamount made disclosure...

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