PINELLAS C. B. & T. CO. v. INTERNATIONAL AERODYNE, INC.

Nos. 69-6, 69-470.

233 So.2d 872 (1970)

PINELLAS CENTRAL BANK & TRUST COMPANY, a Florida Corporation, Appellant, v. INTERNATIONAL AERODYNE, INC., a Foreign Corporation, Appellee. INTERNATIONAL AERODYNE, INC., a Foreign Corporation, Appellant, v. PINELLAS CENTRAL BANK & TRUST COMPANY, Inc., a Florida Corporation, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied May 4, 1970.


Attorney(s) appearing for the Case

Shutts & Bowen, and Thomas H. Anderson and Karl V. Hart, Miami, for Pinellas Central Bank & Trust Co.

Nicholson, Howard, Brawner & Lovett, Miami, for International Aerodyne, Inc.

Before CHARLES CARROLL, BARKDULL and SWANN, JJ.


CARROLL, Judge.

Appeal No. 69-6 is by the plaintiff below, Pinellas Central Bank & Trust Company, herein referred to as the bank, from a judgment denying it recovery on a promissory note given to the bank by the appellee International Aerodyne, Inc., herein referred to as Aerodyne, dated September 1, 1965, in the amount of $95,040 as consideration for sale by the bank to Aerodyne on that date of a DC-7 aircraft, and holding Aerodyne had effectively rescinded that...

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