Jefferson Standard Life Ins. Co. v. Estate of Jose Lovera, Inc.
Decision Date | 11 September 1936 |
Citation | 171 So. 512,125 Fla. 682 |
Parties | JEFFERSON STANDARD LIFE INS. CO. v. ESTATE OF JOSE LOVERA, Inc. |
Court | Florida Supreme Court |
Rehearing Denied Dec. 5, 1936.
Further Rehearing Denied Jan. 12, 1937.
En Banc.
Suit by the Jefferson Standard Life Insurance Company against the Estate of Jose Lovera, Incorporated. From the decree, the plaintiff appeals.
Affirmed.
On Petition for Rehearing. Appeal from Circuit Court, Hillsborough County; L. L. Parks, judge.
Paul Game, Harry N. Sandler, and C. Edmund Worth all of Tampa, for appellant.
Macfarlane Jackson, Hansbrough & Ferguson, of Tampa, for appellee.
The decisive question presented by this record has been agreed upon by the parties as follows: 'Does the payment of interest on the principal indebtedness secured by a duly recorded mortgage, by the Executor of an estate, liable for the payment of the debt, during the statutory period for filing claims, waive the necessity of filing proof of claim as required by chapter 11994, Acts 1927, General Laws of Florida, barring all debts and demands of whatsoever nature against an estate when not so presented?'
We think the question must be answered in the negative, and the decree appealed from affirmed, on the authority of our recent decision in the case of Smith, Liquidator, v. Fechheimer (Fla.) 169 So. 395, 397 (opinion filed June 30, 1936) wherein it was stated by Brown, J., speaking for this court:
'With the exception of the mortgage lien and right to foreclose same, the Legislature did not see fit to exempt other debts and demands from the operation of the statute, and this court is powerless to create such an exemption.'
The payment of interest to defer institution of foreclosure proceedings on a mortgage that might, under the statute, be enforced, absent any presentation as a claim against the estate of the deceased mortgagor, without more, is not sufficient to amount to a waiver of presentation as required by law such as would warrant a deficiency decree, as such payment is entirely consistent with the idea that the mortgage is to be recognized as an enforceable lien only, and no contrary intent should be inferred from the bare fact of interest payments made under circumstances perfectly consistent with the lastmentioned hypothesis as to the motive thereof.
Decree affirmed.
On Petition for Rehearing.
The court did not overlook its previous decisions to the effect that 'the payment of interest upon a mortgage executed by a decedent may, in effect, dispense with or assume...
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39, Marshall Lodge No. 39, A. F. & A. M., v. Woodson
...latter case was followed and quoted with approval in Clark v. Fullerton, 130 Fla. 150, 177 So. 851? The general question presented in the Lovera case was whether the payment by the executor of interest on the principal of the mortgage debt secured by a duly recorded mortgage, during the sta......
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In Re Woods' Estate, in Re
... ... 757, 169 So ... 395; Jefferson Standard Life Ins. Co. v. Estate of ... Lovera, ... ...
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Clark v. Fullerton
... ... the last will and testament and estate of Miller J. Huggins, ... deceased. From a final ... 124 Fla. 757, 169 So. 395, and Jefferson Standard Life ... Ins. Co. v. Lovera, 171 So ... ...