STACY v. MERCHANTS BANK

No. 83-232.

482 A.2d 61 (1984)

Paul R. STACY v. The MERCHANTS BANK.

Supreme Court of Vermont.

June 15, 1984.


Attorney(s) appearing for the Case

Leslie C. Pratt and Robert H. Opel of Paterson, Walke & Pratt, P.C., Montpelier, for plaintiff-appellee.

Matthew I. Katz of Latham, Eastman, Schweyer & Tetzlaff, Burlington, for defendant-appellant.

Before BILLINGS, C.J., and UNDERWOOD, PECK and GIBSON, JJ.


PECK, Justice.

Defendant, The Merchants Bank, appeals a jury verdict for plaintiff in an action for a breach of a promise to lend money tried before the Washington Superior Court. Defendant contends that the court erred in denying its motion for judgment notwithstanding the verdict. We reverse.

In 1979, plaintiff, Paul R. Stacy, purchased some land and buildings in Topsham, Vermont. Plaintiff worked until the late summer of 1980, restoring the buildings and...

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