Legal Opinion

Talco Capital Corp. v. Canaveral International Corp.

District Court, S.D. Florida

Decided January 23, 1964No. Civ. 63-125PublishedCited by 11 opinions

1Opinion of the Court

FULTON, District Judge.

This action is based on a contractual agreement which the plaintiff contends is a guaranty obligation whereby the defendants guaranteed a loan, which loan was made by the plaintiff to third parties, who are not here involved.

The defendants deny that the agreement created a guaranty. They contend that the agreement in question merely permitted defendants to pay off the loan, at their discretion, if the loan was in default, in order to prevent plaintiff from foreclosing on a trust deed in which both plaintiff and defendants had security interests.

The parties orally…

2Cases cited9 opinions

  1. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  2. Atlantic Coast Line Railroad v. BeazleySupreme Court of Florida · 1907
  3. Border Nat. Bank v. American Nat. BankCourt of Appeals for the Fifth Circuit · 1922
  4. Hagen v. VineySupreme Court of Florida · 1936
  5. Town of Boca Raton v. RaulersonSupreme Court of Florida · 1933

4 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. United States v. Fidelity Capital Corporation, a Georgia Corporation, Commonwealth Mortgage Corporation of America, Intervenor-AppelleeCourt of Appeals for the Eleventh Circuit · 1991
  2. Julie Buell v. Direct General Insurance AgencyCourt of Appeals for the Eleventh Circuit · 2008
  3. Ets-Hokin & Galvan, Inc. v. Maas Transport, Inc., and B. L. Lawrence, D/B/A Lawrence TransportationCourt of Appeals for the Eighth Circuit · 1967
  4. Hull & Smith Horse Vans, Inc. v. CarrasMichigan Court of Appeals · 1985
  5. Westland Capitol Corp. v. Lucht Engineering Inc.Supreme Court of Minnesota · 1981

6 more not listed; retrieve them via the Exa API.

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