Quinn Plumbing Co. Inc. v. New Miami Shores Corp.

Ellis, J.,

(dissenting) :

In November, 1924, Shoreland Company, a corporation,, executed a mortgage to Bay View Estates Corporation to-secure the payment of a debt of one million one hundred fifty thousand dollars. The mortgage described many tracts of land numbered from one to thirty-three inclusive. The mortgage and notes were assigned by the Bay View Estates Corporation to the Biscayne' Trust Company on. May 9, 1925, which company on May 13, 1927, assigned them to the Third Mortgage Corporation.

Subsequently to the execution of the mortgage the Miami. Shores Company acquired title to the…