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ATLANTIC NAT. BANK OF WEST PALM BEACH v. HAVENS

45 So.2d 342 (1950)

ATLANTIC NAT. BANK OF WEST PALM BEACH v. HAVENS.

Supreme Court of Florida, Special Division B.

March 24, 1950.

Attorney(s) appearing for the Case

Loren D. Simon, West Palm Beach, for appellant.

Winters, Foskett, Cook & Tylander, West Palm Beach, for appellee.

TILLMAN, Associate Justice.

This is an appeal in the Circuit Court of Palm Beach County, Florida. On January 5th, 1948, John T. Havens, for whose estate the appellee here is now administratrix, was indebted to the Atlantic National Bank of West Palm Beach in the sum of $155,000.00 plus $620.00 interest thereon; and the bank held its collateral for the debt $200,000.00 par value 2 1/2% U.S. Treasury Bonds 1965/70. Mr. Havens instructed the bank to sell the collateral...

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