Syndicate Properties, Inc. v. Hotel Floridian Co.

Ellis, C. J.-

-This is an appeal from an order allowing a plea to a bill of complaint to enforce a vendor’s lien for the purchase price of lands.

The Floridian Company entered into an agreement with the complainant to purchase from the latter certain lands. The price agreed to be paid was $235,000.00 and was evidenced by five promissory notes, all bearing the same date, which was the date of the contract, February 28, 1925. One of the notes, made payable on demand, was for the sum of $58,750.00; the other four were for the sums of $44,062.50 and payable on or before one, two, three and four…