Conn v. Boulevard National Bank of Miami

Florida District Courts of Appeal
Conn v. Boulevard National Bank of Miami, 148 So. 2d 758 (1963)
Barkdull, Carroll, Hendry

Conn v. Boulevard National Bank of Miami

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.

Reference

Full Case Name
E. G. CONN v. BOULEVARD NATIONAL BANK OF MIAMI, a national banking corporation
Cited By
2 cases
Status
Published