JENNINGS CTRY. CLUB HOMES, INC. v. GENERAL CAPITAL CORP.

No. 82-41.

419 So.2d 1105 (1982)

JENNINGS COUNTRY CLUB HOMES, INC., Appellant, v. GENERAL CAPITAL CORPORATION, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied October 20, 1982.


Attorney(s) appearing for the Case

Bartel & Shuford and Stanley Bartel, Miami, for appellant.

Smith & Mandler and Patricia M. Silver, Miami Beach, for appellee.

Before BARKDULL and SCHWARTZ, JJ., and OWEN, WILLIAM C. (Ret.), Associate Judge.


PER CURIAM.

The parties, Jennings Country Club Homes, Inc., hereinafter referred to as Jennings, and General Capital Corporation, hereinafter referred to as Capital, entered into an agreement providing for Capital to lend a large sum of money to Jennings to purchase sixty-five lots on which to construct residential houses and to then offer the houses for sale to the public. In addition to interest provided for in the note, Capital would receive forty per-cent of the...

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