FLORIDA FIRST NATIONAL BANK v. FRYD CONST. CORP.

No. 69-788.

245 So.2d 883 (1970)

FLORIDA FIRST NATIONAL BANK AT KEY WEST, Appellant, v. FRYD CONSTRUCTION CORPORATION, Appellee.

District Court of Appeal of Florida, Third District.

On Rehearing March 24, 1971.


Attorney(s) appearing for the Case

H. James Catlin, Jr., Paige & Catlin, Miami, for appellant.

Cristol, Rose & Aldrich, Miami, for appellee.

Before PEARSON, C.J., and BARKDULL and SWANN, JJ.


PEARSON, Chief Judge.

The appellant, Florida First National Bank at Key West, was the plaintiff in the trial court. It brought an action upon a contract which provided for the payment of money. The right to collect the money due upon the contract was assigned to the Bank as security for a loan upon which the assignor defaulted. The appellee, Fryd Construction Corporation, had contracted to pay the money to a subcontractor, Key West Plastering Co., as consideration...

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