Dickerson, Inc. v. Federal Deposit Insurance Corp.

I must respectfully dissent.

Dickerson subcontracted a portion of its work on a road building contract, referred to as the Emerson Street project, to Row-ell on January 4, 1967. Thereafter, Rowell assigned his rights to the monies due him under the referenced contract to the Central National Bank of Jacksonville. Dickerson consented to the assignment.

On or about September 21, 1967, Dickerson executed a second subcontract with Rowell on another road building project in Columbia County, referred to as the Columbia project.

Subsequently, Rowell defaulted on both subcontracts which resulted in…