Case Name: M. A. Smith, as liquidator of the Bank of Biscayne, and M. B. Shanberg v. Carl Lindsay
Court: Florida Supreme Court
Jurisdiction: Florida
Decision Date: 1938-06-17
Citations: 133 Fla. 306
Docket Number: 
Parties: M. A. Smith, as liquidator of the Bank of Biscayne, and M. B. Shanberg v. Carl Lindsay
Judges: Whitfield, Terrell, Brown, Buford and Chapman, J. J., concur.
Reporter: Florida Reports
Volume: 133
Pages: 306–310

Head Matter:
M. A. Smith, as liquidator of the Bank of Biscayne, and M. B. Shanberg v. Carl Lindsay
182 So. 910.
Opinion Filed June 17, 1938.
Rehearing Denied July 23, 1938.
Extraordinary Petition Denied August 2, 1938.
Worley & Gautier and 5\ Whitehurst’s Sons, for Appellants ;
Edward L. Semple, for Appellee.

Opinion:
Per Curiam.
—In this case the only question necessary for us to determine is whether or not the Chancellor committed error in entering a final decree in favor of the Complainant for the face amount of municipal tax certificates where the record shows that such certificates were acquired by the complainant from the municipality for less than one-third of the amount of the face of such certificates.
Under the pleadings as shown in the record presented here we hold that the complainant was entitled to a decree of foreclosure of the municipal tax sale certificates to enforce the payment to complainant of the amount which the records show paid the municipality in full payment of all taxes represented by such certificates and the assignment of the certificates to the complainant with interest on such amount since such payment.
The amount paid in settlemeent of the taxes involved and the assignment of the involved certificates was $2,000.
The decree of foreclosure decreed the payment of a far greater amount.
The decree should be affirmed in all respects except as to the amount adjudicated to be due the complainant and to be paid by the defendants. As to this item, the decree should be, and is, reversed on authority of the opinion and judgment in the case of Lang v. Quaker Realty Corp., filed February 16th, 1938, reported 179 Sou. 144.
The decree is accordingly reversed and the cause remanded with directions that the final decree be reformed in accordance with the views here expressed.
The costs of this appeal should be, and are, directed to be- taxed and paid in equal parts by appellants and appellee.
So ordered.
Affirmed in part and reversed in part.
Whitfield, Terrell, Brown, Buford and Chapman, J. J., concur.