Mangel v. City National Bank of Miami

FERGUSON, Judge.

This appeal is from an order of the trial court which granted a “Motion for Judgment in Accordance with the Motion for Directed Verdict” or “in the alternative if for any reason [that judgment] is not affirmed upon an Appellate review,” a Motion for New Trial.

City National Bank of Miami instituted this action against Mangel for default on two promissory notes totalling $77,000, and for fraud based on Mangel’s representations that the diamonds pledged as collateral had a value in excess of $77,000 when in fact the collateral consisted of worthless glass facsimilies. Mangel…