Little River Bank & Trust Co. v. North American Mortgage Corp.

ALLEN, Chief Judge.

Little River Bank and Trust Company, a Florida banking corporation, plaintiff below, appeals from a final judgment awarding plaintiff the balance owing on a note made by the appellee, defendant below, in the principal amount of $8,200.00 plus $262.-40 interest, less an offset of $7,275.27.

The note sued upon, dated July 1, 1963, and due July 31, 1963, called for the maker to pay a principal sum of $8,200.00 plus interest, which was determined to be $262.40. The original note was for $61,200.00 with interest at 6% per annum, dated April 5, 1960.

The principal question on…