Legal Opinion
Financial Underwriters, Inc. v. Warren
Court of Civil Appeals of Alabama
Decided January 8, 1986No. Civ. 5177PublishedCited by 2 opinions
1Opinion of the Court
WRIGHT, Presiding Judge.
Financial Underwriters, Inc. (Financial) brought suit on a promissory note against Raymond and Betty Warren in the Circuit Court of Baldwin County. After an ore tenus hearing, the court rendered a judgment in favor of the Warrens. Financial appeals from that judgment.
The Warrens purchased certain real property from Financial in 1982. Title to the property was conveyed by a deed with vendor’s lien. The property was subject to a first mortgage, which was assumed by the Warrens. A promissory note was given by the Warrens to Financial in payment for the equity between the…
2Cases cited5 opinions
- Western Grain Company CasesSupreme Court of Alabama · 1955
- Thompson v. Hartford Acc. & Indem. Co.Supreme Court of Alabama · 1984
- Southern Furniture Mfg. Co. v. Mobile CountySupreme Court of Alabama · 1963
- Pizitz v. RyanSupreme Court of Alabama · 1981
- Thrash v. DeasonSupreme Court of Alabama · 1983
3Cited by2 opinions
- National Fire Insurance Company v. Housing Development CompanyCourt of Appeals for the Eleventh Circuit · 1987
- Walker v. MaddoxCourt of Civil Appeals of Alabama · 1997