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MIAMI NATIONAL BANK v. SOBEL

No. 67-165.

198 So.2d 841 (1967)

MIAMI NATIONAL BANK, a National Banking Corporation, Appellant, v. Morris SOBEL, Appellee.

District Court of Appeal of Florida. Third District.

Rehearing Denied June 7, 1967.

Attorney(s) appearing for the Case

Richard L. Lapidus, Miami, for appellant.

Stanley Haves, Miami, for appellee.

Before PEARSON, CHARLES CARROLL and SWANN, JJ.

CHARLES CARROLL, Judge.

The appellee Morris Sobel and other individuals were guarantors on a loan of $175,000 from Miami National Bank to Air Metal Industries, Inc. Sobel, as a guarantor, also furnished security by a mortgage on certain real estate and by pledging 55 shares of the stock of Wims Research Laboratories, Inc. Following default by the borrower, the lender, the appellant Miami National Bank, foreclosed the real...

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