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ADES v. BANK OF MONTREAL

No. 88-1433.

542 So.2d 1013 (1989)

Victor ADES and Donna Ades, His Wife, Appellants, v. BANK OF MONTREAL, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied May 24, 1989.

Attorney(s) appearing for the Case

Rhea P. Grossman, Miami, for appellants.

Mershon, Sawyer, Johnston, Dunwoody & Cole and Mary Ellen Valletta and James M. McCann, Jr., Miami, for appellee.

Before HUBBART, NESBITT and BASKIN, JJ.

PER CURIAM.

Mr. and Mrs. Ades and their business associate, Mr. Beltram, signed personal guaranties with the Bank of Montreal in order to borrow money by way of overdrafts to finance their business. As the overdraft amount grew, the bank required a second, larger guaranty. Mr. Ades refused to sign the second guaranty and it was returned to the bank with the signature of only Mrs. Ades and Mr. Beltram. When the overdraft...

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