Kissimmee Everglades Land Co. v. Carr

On Petition for Rehearing.

Whitfield, P. J.

The final decree appealed from herein, was affirmed without opinion.

It appears that the appellant corporation gave a mortgage on lands to secure the payment of two notes, paid one of the notes, sold a part of the land to another corporation and took a mortgage on it to secure nine notes numbered consecutively and payable in three, four and five years. The appellant assigned for value received the last three of the notes which were payable in five years, and pledged *389the other notes. By assignments Carr became the holder of the first mortgage and the…