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eBook details

• Title: Amoskeag Bank v. Regis J. Chagnon D/B/a
• Author : Supreme Court of New Hampshire
• Release Date : January 11, 1990
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 65 KB

Description

This case involves the conflicting claims of three junior creditors, Regis J. Chagnon d/b/a Manchester Mortgage Co. (Manchester
Mortgage), Brad Morrow d/b/a Morrow Millwork (Morrow), and Sundeen Lumber Company, Inc. (Sundeen), to the surplus funds of
a mortgage sale. Amoskeag Bank filed a bill of interpleader with the superior court to determine the distribution of the surplus
funds among the junior creditors. Manchester Mortgage appeals the December 12, 1988 decision of the Superior Court (Manias,
J.) to distribute the surplus funds first to Morrow and then the balance to Sundeen, reserving no money for Manchester Mortgage.
We affirm. The lower court found the following facts:

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