Tampa Bay Bank v. Loveday

OPINION

SANDERS, Judge.

Defendant has appealed from a jury verdict holding her liable as maker on a note.

In January, 1972, the Defendant, Marie Richard Loveday, as president of Carpet Discountland, Inc., negotiated a loan with the Plaintiff, Tampa Bay Bank, for the sum of $5,600.00. Since Carpet Discountland, Inc., was a new corporation, the bank was unwilling to make the loan to the corporation without the Defendant’s personally endorsing the note.

The note was drawn and the Defendant executed it on behalf of the corporation as its president and also signed the note personally where the term…