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Knowles v. First Natl. Bank of Miami

District Court of Appeal of Florida, Third District
Jan 21, 1964
159 So. 2d 662 (Fla. Dist. Ct. App. 1964)

Opinion

No. 63-303.

January 21, 1964.

Appeal from the Circuit Court, Dade County, Marshall C. Wiseheart, J.

Russell C. Gay, Miami, and Roy L. Struble, Miami Beach, for appellant.

Shutts, Bowen, Simmons, Prevatt Boureau, Miami, for appellee.

Before CARROLL, HORTON and TILLMAN PEARSON, JJ.


On July 29, 1960, the chancellor entered a decree in favor of the estate of John Cassidy against the estate of his widow Florence Cassidy, requiring a return by the latter of a substantial sum of money and certain securities which were held to be property of the former. Provision was made for an accounting as to the securities sold and the income therefrom.

Following accounting objections were filed, hearing was had at which testimony was taken and on March 7, 1963, a final order was made on the accounting. This appeal, taken on behalf of the estate of John Cassidy, challenges two provisions of that order.

Appellant's first contention is that the court committed error by changing a provision of the original decree for payment of interest on the cash amount for which the decree had granted judgment with interest from a named date in 1955. We hold that the challenged ruling was not in error. As pointed out by appellee, the subsequent accounting for which the decree made provision showed investment of the monies had produced income substantially equivalent to such interest, and, therefore, to allow interest on the cash amount which the initial decree had ordered paid would amount to an unjust duplication of payment by appellee. Under the conditions disclosed, if the change in the decree was erroneous because of lapse of time, the error was shown to be harmless.

We have considered the appellant's second contention, which deals with expense allowances and deductions granted to appellee, and we are of the opinion that the appellant has not demonstrated error with respect to those matters.

Affirmed.


Summaries of

Knowles v. First Natl. Bank of Miami

District Court of Appeal of Florida, Third District
Jan 21, 1964
159 So. 2d 662 (Fla. Dist. Ct. App. 1964)
Case details for

Knowles v. First Natl. Bank of Miami

Case Details

Full title:EFFIE KNOWLES, AS ADMINISTRATRIX AD LITEM OF THE ESTATE OF JOHN P…

Court:District Court of Appeal of Florida, Third District

Date published: Jan 21, 1964

Citations

159 So. 2d 662 (Fla. Dist. Ct. App. 1964)

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