Watkins v. Burnstein, (1943)
Court: Supreme Court of Florida
Number:
Visitors: 14
Judges: PER CURIAM:
Attorneys: Julius I. Friedman, for appellants.
A. Louis Mechlowitz, for appellee.
Filed: Apr. 06, 1943
Latest Update: Mar. 02, 2020
Summary: The record shows that Henry Watkins and his wife Lillian Watkins executed a mortgage pledging their home to secure the repayment of certain money. Afterwards the mortgage by assignment came into the hands of Miami Industrial Bank. Payments became in default. Ethel Burnstein approached the debtors and offered to let them have the money with which to liquidate the indebtedness then due Miami Industrial Bank. They made a deal. The mortgage to the Miami Industrial Bank was paid off and deed was exec
Summary: The record shows that Henry Watkins and his wife Lillian Watkins executed a mortgage pledging their home to secure the repayment of certain money. Afterwards the mortgage by assignment came into the hands of Miami Industrial Bank. Payments became in default. Ethel Burnstein approached the debtors and offered to let them have the money with which to liquidate the indebtedness then due Miami Industrial Bank. They made a deal. The mortgage to the Miami Industrial Bank was paid off and deed was execu..
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The sole question presented in this case is whether or not a deed executed by appellants was in fact intended to be a deed or a mortgage. The chancellor found that it was a deed and the record amply supports his finding.
Source: CourtListener