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MAST RD. GRAIN & BLDG. MAT'S CO. v. PIET

No. 84-142.

126 N.H. 194 (1985)

MAST ROAD GRAIN & BUILDING MATERIALS CO., INC. v. RAY PIET, INC. & a.

Supreme Court of New Hampshire.

March 1, 1985.

Attorney(s) appearing for the Case

W. Jean Laflamme and John F. Davis, of Manchester (Mr. Laflamme and Mr. Davis on the brief, and Mr. Davis orally), for the plaintiff.

Alexis Komaridis, of Auburn, by brief and orally, for the defendant Ella Piet.

KING, C.J.

In this action for debt, the question before us involves the interpretation of a credit agreement, signed by the defendant Ella Piet, individually and as guarantor of debts owed to the plaintiff by Ray Piet, Inc. The Superior Court (Flynn, J.) approved the recommendation of a Master (R. Peter Shapiro, Esq.) holding Ella Piet liable for interest on the debt at 24% annually, the rate specified in the credit agreement, computed from the date...

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