Florida National Bank v. Jefferson Standard Life Insurance

From an interlocutory order denying appellants’ motion to dismiss a bill of complaint filed by a corporate mortgage bond coupon holder to foreclose the mortgage for the payment of certain of the mortgage bond coupons that had been assigned to it, the movants (defendants below) have appealed to this Court for reversal.

The bill of complaint filed August 7, 1934, shows the following: That on November 1, 1919, the Florida Fair and Exposition Association, Inc., a corporation, executed and delivered to The American Trust Comany, as trustee, its mortgage and deed of trust encumbering its real estate…