HOLLAND v. MICHIGAN NAT'L BANK

Docket No. 86268.

166 Mich. App. 245 (1988)

420 N.W.2d 173

HOLLAND v. MICHIGAN NATIONAL BANK-WEST

Michigan Court of Appeals.

Decided February 2, 1988.


Attorney(s) appearing for the Case

James F. Bauhof, for plaintiffs.

Gemrich, Moser, Dombrowski, Bowser & Fette (by Robert R. Lohrmann), for defendant.

Before: CYNAR, P.J., and SAWYER and J.S. THORBURN, JJ.


SAWYER, J.

Plaintiffs appeal from a judgment of foreclosure entered by the circuit court following a bench trial. We affirm.

In June of 1975, plaintiff Donald Holland became interested in purchasing a franchise from Captain Chips Potato Ship, Inc., and approached defendant's commercial loan office to arrange financing for the purchase and to cover the setup and operational costs. Defendant granted the $25,000 loan request.

Plaintiffs met with an officer...

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