If the dark halo of the Galaxy is comprised of massive black holes (MBHs), then those within approximately 1 kpc will spiral to the center, where they will interact with one another, forming binaries which contract, owing to further dynamical friction, and then possibly merge to become more massive objects by emission of gravitational radiation. If successive mergers would invariably lead, as has been proposed by various authors, to the formation of a very massive nucleus of 10(8) M., then the idea of MBHs as a dark matter candidate could be excluded on observational grounds, since the observed limit (or value) for a Galactic central black hole is approximately 10(6.5) M.. But, if successive mergers are delayed or prevented by other processes, such as the gravitational slingshot or rocket effect of gravitational radiation, then a large mass accumulation will not occur. In order to resolve this issue, we perform detailed N-body simulations using a modified Aarseth code to explore the dynamical behavior of the MBHs, and we find that for a ''best estimate'' model of the Galaxy a runaway does not occur. The code treats the MBHs as subject to the primary gravitational forces of one another and to the smooth stellar distribution, as well as the secondary perturbations in their orbits due to dynamical friction and gravitational radiation. Instead of a runaway, three-body interactions between hard binaries and single MBHs eject massive objects before accumulation of more than a few units, so that typically the center will contain zero, one, or two MBHs. We study how the situation depends in detail on the mass per BMH, the rotation of the halo, the mass distribution within the Galaxy, and other parameters. A runaway will most sensitively depend on the ratio of initial (spheroid/halo) central mass densities and secondarily on the typical values for the mass per MBH, with the rough dividing line, using Galactic parameters, being M(BH) less than or equal to 10(6.5) M.. Using parameters from Lacey and Ostriker (1985) and our most accurate model for Galaxy, no runaway occurs.