ABINGTON NATIONAL BANK v. ASHWOOD HOMES, INC.


19 Mass. App. Ct. 503 (1985)

475 N.E.2d 1230

ABINGTON NATIONAL BANK vs. ASHWOOD HOMES, INC., & another.

Appeals Court of Massachusetts, Plymouth.

March 21, 1985.


Attorney(s) appearing for the Case

Henry A. Goodman for the defendants.

Michael C. Gilleran (Thomas R. Mullen with him) for the plaintiff.

Present: PERRETTA, KAPLAN, & WARNER, JJ.


PERRETTA, J.

By reason of a promissory note and security agreement, the plaintiff, Abington National Bank (bank), had an interest in the equipment and inventory of the Farmers Butcher Shop, Inc. of Brockton (Farmers), which conducted its business on premises leased from the defendants (collectively referred to as Ashwood). Farmers' business faltered, and it became in default of its obligations to the bank under the...

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