Conn v. Boulevard National Bank of Miami
This text of 148 So. 2d 758 (Conn v. Boulevard National Bank of Miami) is published on Counsel Stack Legal Research, covering District Court of Appeal of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The appellant endorsed a demand promissory note subsequent to execution and delivery at a time when the corporate maker [of which the appellant was the president] was behind in payments, and when certain; of the collateral securities securing the obligation had decreased materially in value. Under the terms of the note, the payee bank, had a right to demand “ * * * additional securities to the satisfaction of the Payee; * * * This right was exercised, and the appellant endorsed the note as an accommodation to the corporate maker.
[759]*759No error is found in the entry of the final judgment, and same is hereby affirmed ■upon the authority of Furlong v. Leybourne, Fla.App.1962, 138 So.2d 352; 7 Am.Jur., Bills and Notes, § 243, 1962 Cumulative Supplement, page 133.
Affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
148 So. 2d 758, Counsel Stack Legal Research, https://law.counselstack.com/opinion/conn-v-boulevard-national-bank-of-miami-fladistctapp-1963.