RO-BAR REALTY v. WARREN FIVE CENTS SAV. BK.


1981 Mass. App. Div. 181 (1981)

Ro-Bar Realty, Inc. vs. Warren Five Cents Savings Bank

Massachusetts Appellate Division, Northern District.

August 4, 1981.


Attorney(s) appearing for the Case

Arnold Y. Tarlow for the plaintiff.

John A. McNiff for the defendant.

Present: Cowdrey, P.J., Forte & Banks, JJ.


Cowdrey, P.J.

This is an action in contract to recover $2,133.00 in prepayment charges paid to the defendant to secure the early discharge of two mortgages. The trial court found for the defendant.

The reported evidence indicates that: The plaintiff is a corporation engaged in real estate speculation in the form of the purchase, improvement and resale of properties. The plaintiff had obtained mortgage financing from the defendant for various ventures since...

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