CONN v. BOULEVARD NATIONAL BANK OF MIAMI

No. 62-332.

148 So.2d 758 (1963)

E.G. CONN, Appellant, v. BOULEVARD NATIONAL BANK OF MIAMI, a national banking corporation, Appellee.

District Court of Appeal of Florida. Third District.

January 22, 1963.


Attorney(s) appearing for the Case

Sandler & Sandler, Miami, for appellant.

Matthews & Quinton and Jack M. Bernard, Miami, for appellee.

Before CARROLL, BARKDULL and HENDRY, JJ.


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...

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