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HOWARD BANK v. LOTUS-DUVET CO., INC.

No. 91-022.

610 A.2d 562 (1992)

The HOWARD BANK v. The LOTUS-DUVET COMPANY, INC., James Garland, Leighton Hazlehurst and Patricia Hazlehurst.

Supreme Court of Vermont.

May 8, 1992.

Attorney(s) appearing for the Case

Robert A. Gensburg of Gensburg Axelrod & Adler, St. Johnsbury, for plaintiff-appellee.

Spencer R. Knapp and Noah Paley of Dinse, Erdmann & Clapp, Burlington, for defendant-appellant.

Before GIBSON, DOOLEY, MORSE and JOHNSON, JJ.

GIBSON, Justice.

Defendant James Garland appeals a superior court judgment of $49,987 in favor of plaintiff, The Howard Bank. The judgment represents the balance due on two loans the bank made to defendant's company, Lotus-Duvet Co., Inc., before he purchased it in 1985. Defendant argues he was not liable for the debt and that the bank should not have been allowed to proceed against him under the rights of the company's former owners. We affirm.

The dispute...

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