Florida District Courts of Appeal, 1963

Conn v. Boulevard National Bank of Miami

Conn v. Boulevard National Bank of Miami
Florida District Courts of Appeal · Decided January 22, 1963 · Barkdull, Carroll, Hendry
148 So. 2d 758 (Southern Reporter, Second Series)
Conn v. Boulevard National Bank of Miami

Cases that cite this one

2 later published cases cite this decision.

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Opinion of the Court

PER CURIAM.

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.

*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.

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