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eBook details

• Title: First National Bank Quincy v. Moses Guyton Jr.
• Author : Supreme Court of Florida
• Release Date : January 06, 1916
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 60 KB

Description

Per Curiam. -- Guyton gave three promissory notes to Carter personally and executed to Carter personally a mortgage to secure the payment of the note. Carter transferred one of the notes to each of three different banks, Carter being the president of each bank. Subsequently to the transfer of the notes, Carter personally released a portion of the mortgage in favor of second mortgagees of Guyton. The court gave priority to the second mortgagees over the holders of the notes transferred by Carter and the holders of the notes appealed.

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