GOULD, INC. v. HYDRO-SKI INT'L CORP.

No. 73-564.

287 So.2d 115 (1973)

GOULD, INC., a Corporation, Appellant, v. HYDRO-SKI INTERNATIONAL CORPORATION, Appellee.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied January 16, 1974.


Attorney(s) appearing for the Case

Lloyd Herold, North Palm Beach, for appellant.

Louis Vernell, Miami, for appellee.


DOWNEY, Judge.

Appellee is engaged in the manufacture of watercraft at Port Everglades in Fort Lauderdale, Florida. One of its assets is a leasehold of the premises occupied by the manufacturing plant, which lease contains a prohibition against assignment without lessor's approval.

Appellant loaned appellee several hundred thousand dollars, represented by two promissory notes, which in turn were secured by a security agreement encumbering all of appellant...

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