BARABAN v. MANATEE NATIONAL BANK OF BRADENTON

No. 67-381.

212 So.2d 341 (1968)

Robert J. BARABAN, Appellant, v. MANATEE NATIONAL BANK OF BRADENTON, Florida, a National Banking Association, Appellee.

District Court of Appeal of Florida. Second District.

Rehearing Denied July 25, 1968.


Attorney(s) appearing for the Case

Icard, Merrill, Cullis & Timm, Sarasota, and Wotitzky, Wotitzky & Schoonover, Punta Gorda, for appellant.

Gilbert A. Smith of Dye, Dye, Smith & Cleary, Bradenton, for appellee.


LILES, Chief Judge.

This is an appeal from a summary final judgment in favor of appellee Manatee National Bank and against appellant. The facts reveal that appellant was induced to give a $1,475.00 negotiable note to a Mr. Goodrich, the now deceased president of Pelican Productions, Inc., in return for an interest in an oil well venture. Pelican had engaged the Bank as an escrow agent to hold all funds for the venture. According to the terms of the agreement, if a...

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