FEDERAL DEPOSIT INSURANCE CORPORATION v. PLAYFORD

No. 68-302.

217 So.2d 584 (1969)

FEDERAL DEPOSIT INSURANCE CORPORATION, As Receiver and Liquidator of Southern Bank of St. Petersburg, Formerly Industrial Savings Bank of St. Petersburg, Appellant, v. Harry R. PLAYFORD and Elisabeth C. Playford, His Wife, Appellees.

District Court of Appeal of Florida. Second District.

Rehearing Denied February 7, 1969.


Attorney(s) appearing for the Case

Leonard H. Gilbert, of Carlton, Fields, Ward, Emmanuel, Smith & Cutler, Tampa, for appellant.

W. Langston Holland, of Holland & Holland, St. Petersburg, for appellees.


MANN, Judge.

Mr. and Mrs. Playford jointly executed a note to the Industrial Savings Bank of St. Petersburg and received a check from the bank for the loan proceeds, made out to them jointly. They jointly endorsed this check in favor of George M. Nicholson, Agent, who apparently applied this amount to the purchase by Mr. Playford of Mr. Nicholson's controlling shares in the Industrial Savings Bank. The trial court granted summary judgment to Mrs. Playford on the ground...

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