GENERAL ELEC. CRED. CORP. v. HOLLYWOOD BANK & TRUST CO.

No. 71-1388.

263 So.2d 593 (1972)

GENERAL ELECTRIC CREDIT CORPORATION, a New York Corporation, Appellant, v. HOLLYWOOD BANK AND TRUST COMPANY, a Florida Banking Corporation, et al., Appellees.

District Court of Appeal of Florida, Third District.

Rehearing Denied July 12, 1972.


Attorney(s) appearing for the Case

Gunn & Venney, Miami, for appellant.

Feibelman, Friedman, Britton & Stettin, Fort Lauderdale, Robert L. Shevin, Atty. Gen., and Joseph C. Mellichamp III, Asst. Atty. Gen., Tallahassee, for appellees.

Before PEARSON and CHARLES CARROLL, JJ., and HOWELL, CHARLES COOK, Jr., Associate Judge.


PEARSON, Judge.

The appellant, General Electric Credit Corporation, was the defendant in the circuit court in an action for declaratory judgment brought by the Hollywood Bank and Trust Company. The Bank sought a ruling that its lien on a certain motor vessel was superior to General Electric's lien. The court held the Bank's lien superior and General Electric brings this appeal.

The trial judge set forth the facts as follows:

"1. PETER KING purchased...

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