Plaintiffs applied for a $200,000 loan from defendant, an economic development corporation, to finance the purchase of furniture, fixtures and equipment for a motel that plaintiffs proposed to construct on real property owned by plaintiff M.P. Development in the Village of Malone, Franklin County. By written loan commitment dated August 19, 1994, accepted by plaintiffs on August 22, 1994, defendant agreed to loan plaintiffs $200,000 at 7.25...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
