CENTENNIAL ASSOCIATES, LTD. v. CLARK

78-360.

384 So.2d 616 (1980)

CENTENNIAL ASSOCIATES, LTD., et al. v. Henry J. CLARK, Jr.

Supreme Court of Alabama.

Rehearing Denied June 6, 1980.


Attorney(s) appearing for the Case

D. H. Markstein, Jr. and Curtis O. Liles, III, of Markstein & Morris, Birmingham, for appellants.

William B. Hairston of Engel, Hairston, Moses & Johnson, Birmingham, for appellee.


TORBERT, Chief Justice.

This is an appeal from the final decree of the Jefferson County Circuit Court granting Henry J. Clark, Jr., damages and declaratory relief on a real estate mortgage note executed in his favor by Centennial Associates Ltd., Gary E. Smith, R. J. McClure, Jr., and Phillip A. Watts. Upon a consideration of the terms of the note and mortgage, and under the facts, the trial court held that acceleration of the note was proper. The trial court further...

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