GRACE BRADFORD, APPELLANT,
v.
FIRST BAPTIST CHURCH OF ALTAMONTE SPRINGS, A FLORIDA CORPORATION, APPELLEE
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This case involves a promissory note and follows a prior, consolidated appeal. The court reversed the lower court's decision, directing it to calculate unpaid interest on the note.
The lower court erred by not calculating interest on the principal balance due since the note's delivery. The court held that interest accrued and remains unpaid.
“On authority of Leslie T. Bryan v. First Baptist Church of Altamonte Springs, 158 So. 2d 140, a Florida corporation, the lower court is reversed with directions to figure interest on the principal balance due since delivery on August 1, 1958 which has accrued and is unpaid.”
This quote states the court's holding and disposition, relying on a prior case.
Grace Bradford sued the First Baptist Church of Altamonte Springs on a promissory note. A payment of $1500.00 was made on the principal, but no intere…
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The appellant, plaintiff below, Grace Bradford, sued appellee, defendant below, First Baptist Church of Altamonte Springs, a Florida corporation on a note in identical form of that involved in the appeal of Leslie T. Bryan v. First Baptist Church of Alta*142monte Springs, 158 So.2d 140, a Florida corporation, decided this day.
The appeal in this case was consolidated with that for argument in view of the mutuality of issues, applicable law and counsel. The only difference in the facts as disclosed by the record is that a payment of $1500.00 was made on the principal amount of the note due and no interest payments.
On authority of Leslie T. Bryan v. First Baptist Church of Altamonte Springs, 158 So.2d 140, a Florida corporation, the lower court is reversed with directions to figure interest on the principal balance due since delivery on August 1, 1958 which has accrued and is unpaid.
ALLEN, Acting C. J., and SHANNON, J., concur.
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Citator
Authorities Cited
- Bryan v. First Baptist Church OF Altamonte Springs, 158 So. 2d 140 (Fla. 2d DCA 1963)