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FIRST GUARANTY CORP. v. PALMER BANK & TRUST

No. 80-1884.

405 So.2d 186 (1981)

FIRST GUARANTY CORPORATION, a Minnesota Corporation, Joseph E. Campion, Peter J. Campion, Joseph J. Omerza and Arthur K. Raudio, Appellants, v. PALMER BANK AND TRUST COMPANY OF FORT MYERS, N.A., a Florida Corporation, Appellee.

District Court of Appeal of Florida, Second District.

Rehearing Denied October 28, 1981.

Attorney(s) appearing for the Case

Steven G. Schember of Kirk, Pinkerton, McClelland, Savary & Carr, Sarasota, for appellants.

H. Stephen Frank, Fort Myers, for appellee.

SCHEB, Chief Judge.

The issue presented in this case is whether a note and mortgage which was not signed by the appellants, First Guaranty Corporation and its principals, together with certain other signed and unsigned documents satisfied the requirements of the statute of frauds. The trial court found that the documents, taken as a whole, did satisfy the statute. Therefore, the court concluded the appellants were liable, as guarantors, for a deficiency judgment on...

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