Case ID: so2d_148/html/0758-02.html
Source: Caselaw Access Project
Author: {"author": "PER CURIAM.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

E. G. CONN, Appellant, v. BOULEVARD NATIONAL BANK OF MIAMI, a national banking corporation, Appellee.
    No. 62-332.
    District Court of Appeal of Florida. Third District.
    Jan. 22, 1963.
    Sandler & Sandler, Miami, for appellant-
    Matthews & Quinton and Jack M. Bernard, Miami, for appellee.
    Before CARROLL, BARKDULL and. HENDRY, JJ.
   PER CURIAM.

The appellant endorsed a demand promissory note subsequent to execution and delivery at a time when the corporate maker [of which the appellant was the president] was behind in payments, and when certain; of the collateral securities securing the obligation had decreased materially in value. Under the terms of the note, the payee bank, had a right to demand “ * * * additional securities to the satisfaction of the Payee; * * * This right was exercised, and the appellant endorsed the note as an accommodation to the corporate maker.

No error is found in the entry of the final judgment, and same is hereby affirmed ■upon the authority of Furlong v. Leybourne, Fla.App.1962, 138 So.2d 352; 7 Am.Jur., Bills and Notes, § 243, 1962 Cumulative Supplement, page 133.

Affirmed.