In 1996 Jerry Montgomery sold the molds for production of the Montgomery boats to Chuck McCoy of Annapolis, Maryland.  I was in the market to purchase a Montgomery 15.  I decided to buy new from Mr. McCoy.  I sent him a $ 2,000.
security deposit and an executed a contract promising delivery to San Francisco by June 15th.  In May, Mr. McCoy informed me that the boat was out of the molds and a $ 5,000 payment was due.   He met me in Oakland and I gave him the final payment.  I felt very uncomfortable after meeting him, and releasing the funds, per agreement.

He kept making promises, upon promises, delaying the delivery date but I never did get the boat.  Nor did another member of this list get his new 17 after making a substantial payment.  It turns out he had just picked up the M15 molds from Jerry the week before he got my 5K.   I finally bought a used boat in December, 1996.  It was a humiliating and frustrating experience.
 

"Buyer Beware!!!!"

Rich Cottrell
"Really"  M15