DRAKE LUMBER COMPANY, APPELLANT,
v.
E. L. SEMPLE, THE W. P. THURSTON COMPANY, AND ANDERSON PROPERTIES, INC., APPELLEES, AND- THE W. P. THURSTON COMPANY, INC., APPELLANT, V. ANDERSON PROPERTIES, INC., DRAKE LUMBER COMPANY, AND E. L. SEMPLE, APPELLEES, AND- ANDERSON PROPERTIES, INC., APPELLANT, V. E. L. SEMPLE, THE W. P. THURSTON COMPANY, INC., AND DRAKE LUMBER COMPANY, APPELLEES. ON PETITION OF THE W. P. THURSTON COMPANY INC., FOR REHEARING

Fla. | 1930-11-08
Terrell, C. J., and Whitfield, Ellis, Strum, Brown and Buford, J. J., concur.
100 Fla. 1771 Florida Supreme Court (1930) Positive Treatment
Also reported at: 130 So. 577
Cited by 30 cases

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Synopsis

The Florida Supreme Court denied W. P. Thurston Company's petition for rehearing in a complex multi-party dispute involving mortgage assignments and promissory notes. The Court found that certain factual discrepancies identified in the petition did not materially affect the conclusions of the original July 17, 1930 decision.


Holding

The Court held that the identified discrepancies—whether checks were payable to Davis or Anderson, and the exact timing of the mortgage assignment delivery—did not materially affect the ultimate results or conclusions reached in the original decision.


Key Quotes

“In either case, the results of the transaction are not affected.”

Establishes that regardless of whether checks were payable to Davis or Anderson, the outcome remained the same

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Facts & Procedural History

The case involved transactions relating to checks, a promissory note, and a mortgage assignment dated February 24, 1927. A note had been indorsed to a…

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Opinion of the Court
Andrews, Commissioner : Per Curiam.

Andrews, Commissioner :

The appellant W. P. Thurston Company, Inc., has filed petition in the above cause for rehearing, and in said pe-. tition has pointed out certain discrepancies on pages 6 and 10 of the original opinion filed herein on July 17, 1930.

The discrepancies referred to in the motion for rehearing have reference to statements in the above-mentioned *1772opinion that the two cheeks issued by Whyel were made payable to Davis, who indorsed them to the bank. As a matter of fact the record shows that the checks were made payable to Anderson who indorsed them over to the bank in exchange for the note in question which Davis had indorsed to the bank for collection. In either case, the results of the transaction are not affected.

The other discrepancy pointed out in the motion for rehearing is that the assignment of the' mortgage from Davis to Whyel had been already made when Anderson procured the note from the bank. It appears from a copy of' the note and assignment in the transcript that both checks and the assignment were dated February 24, 1927, which is the day the note was transferred by the bank. Though the assignment may not have been delivered on that date, it would make no material difference in the ultimate results, as the note constituted the evidence of the debt, while the mortgage and assignment were incident or ancillary thereto.

It appearing that the matters, referred to in the motion for rehearing do not in any way affect the conclusion reached in the former judgment in said cause, the motion for rehearing should be, and the same is hereby, denied.

Per Curiam.

The Court having considered the petition for rehearing herein with the record in the cause, and the foregoing opinion prepared under Chapter 14553, Acts of 1929, adopted by the Court as its opinion, it is considered and ordered by the Court that the said petition for rehearing be and the same is hereby denied.

Terrell, C. J., and Whitfield, Ellis, Strum, Brown and Buford, J. J., concur.


Cases With Similar Vibessemantic neighbors from the corpus


Citator

Cited By (15 total)

  • Folks v. Cnty. of Marion, 121 Fla. 17 (Fla. 1935)
    …all continue as security for the payment of the new bonds, is valid and enforceable, notwithstanding the intervening homestead exemption amendment, under the principle laid down by this Court in the case of Drake Lumber Co. v. Semple, 100 Fla. 1757, 130 So. 577, 75 A. L. R. 687. It was held in that case that the taking up of a mortgage note and the substitution of another therefor is not a discharge [*40] of the original debt between the original parties, and the mortgage would continue in effect as agains…
  • …uemine v. Erwin, 238 Fed. (C. C. A., Fifth Circuit) 791; Kilpatrick v. Haley, 66 Fed. 133, text 138; Hult v. Temple, 201 Iowa 663, 208 N. W. Rep. 70, 46 A. L. R. 317, and notes beginning on page 329. Compare: Drake Lbr. Co. v. Semple, 100 Fla. 1757, 130 Sou. Rep. 577. It may be said moreover that there is in the present record evidence that tends persuasively to support the finding that appellants contend should have been made by the chancellor with reference to alleged discharge, prior to hypothecation as coll…
  • Kight v. Am. Eagle Fire Ins. Co. of N.Y., 131 Fla. 764 (Fla. 1938)
    …ewise it has been held, even where there is a conflict in the evidence, the order granting a new trial will not be disturbed in the absence of abuse of discretion and violation of settled law. See Woods v. A. C. L. R. R. Co., 100 Fla. 909, text 911, 130 So. 577, and authorities cited. In the case of Herrin v. Avon Mfg. Co., 87 Fla. 385, text 387, 100 So. 174, this Court said: “* * * The order of the trial court in granting the new trial is presumably proper. It does not affirmatively appear from the recor…

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