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WOODGATE DEVELOPMENT CORP. v. HAMILTON INVESTMENT TRUST

No. 50027.

351 So.2d 14 (1977)

WOODGATE DEVELOPMENT CORPORATION, a Florida Corporation, R.F. Donaldson, Individually, and Terry C. Nelson, Individually, Petitioners, v. HAMILTON INVESTMENT TRUST, a Massachusetts Business Trust, Respondent.

Supreme Court of Florida.

Rehearing Denied October 14, 1977.

Attorney(s) appearing for the Case

Carl R. Pennington, Jr., and Everett P. Anderson of Pennington, Wilkinson & Sauls, Tallahassee, for petitioners.

Hugh M. Taylor and W. Robert Olive, Jr., of Bryant, Dickens, Franson & Miller, Tallahassee, for respondent.

Richard L. Lapidus of Lapidus & Hollander, Miami, for Sailboat Key, Inc., amicus curiae.

HATCHETT, Justice.

By petition for writ of certiorari we have for review an order of the Second Judicial Circuit Court in and for Leon County, initially, and directly passing on the validity of Section 687.11(4), Florida Statutes. We have jurisdiction pursuant to Article V, Section 3(b)(3), Florida Constitution. We reverse.

Petitioner Woodgate Development Corporation executed a note to Commonwealth Corporation, secured...

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