VANGUARD CONST. CO. v. LEWIS STATE BANK

No. Z-324.

348 So.2d 72 (1977)

VANGUARD CONSTRUCTION COMPANY, INC., Stanley Poole, Ranald Stewart, and Michael Glantz, Appellants, v. The LEWIS STATE BANK, a Florida Banking Corporation, Appellee.

District Court of Appeal, State of Florida, First District.

July 22, 1977.


Attorney(s) appearing for the Case

M. Stephen Turner of Thompson, Wadsworth & Messer, Tallahassee, for appellants.

John D. Buchanan, Jr. of Henry & Buchanan, Tallahassee, for appellee.


SMITH, Judge.

Vanguard and three of its officers appeal from a deficiency judgment entered for the bank following a foreclosure sale of land mortgaged to the bank to secure Vanguard's debt. The individual appellants endorsed the corporate note and therein consented "to any extensions or renewals without further notice." They did not individually execute the later extension agreement between Vanguard and the bank, although appellant Stewart signed as president of Vanguard...

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