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Davidson et al. v. Citizens Bldg. Loan Co.

Supreme Court of Florida, Division A
Aug 3, 1931
136 So. 344 (Fla. 1931)

Opinion

Opinion filed August 3, 1931.

An appeal from the Circuit Court for Brevard County; W. W. Wright, Judge.

Reversed.

Wideman Wideman, for Appellants;

No appearance for Appellees.


The appeal in this case is from an order in a foreclosure suit entering a deficiency decree against appellants, who were assignors of the mortgage and endorsers of the notes which constituted the cause of action. The deficiency order or decree was dated May 9th, 1930, and filed May 13th, 1930.

The question presented by this appeal, i. e., "Is the Circuit Court authorized, in a foreclosure suit, to enter a deficiency decree against the payees and mortgagees when they have become endorsers and assignors of the notes and mortgage in due and regular course of business," was definitely answered by this Court in the negative and set at rest in accord with the contention of appellants in the opinion and judgment in the case of Younghusband vs. Fort Pierce Bank Trust Company, decided October 29th, 1930, and reported in 130 So. 725.

On authority of the opinion and judgment in that case the decree appealed from should be reversed and it is so ordered.

Reversed.

ELLIS AND BROWN, J.J., concur.

WHITFIELD, P.J., AND TERRELL AND DAVIS, J.J., concur in the opinion and judgment.


Summaries of

Davidson et al. v. Citizens Bldg. Loan Co.

Supreme Court of Florida, Division A
Aug 3, 1931
136 So. 344 (Fla. 1931)
Case details for

Davidson et al. v. Citizens Bldg. Loan Co.

Case Details

Full title:LOCK DAVIDSON and E. W. THOMPSON, Appellants, vs. THE CITIZENS BUILDING…

Court:Supreme Court of Florida, Division A

Date published: Aug 3, 1931

Citations

136 So. 344 (Fla. 1931)
136 So. 344