Opinion · Court of Appeals for the Fifth Circuit

Tri-Continental Financial Corporation v. Tropical Marine Enterprises, Inc.

Tri-Continental Fin. Corp. v. Tropical Marine Enters., Inc., 265 F.2d 619 (5th Cir. 1959)

Type
Opinion
Court
Court of Appeals for the Fifth Circuit
Jurisdiction
Federal
Date
1959-04-08
Topic
general

HUTCHESON, Chief Judge. Appealing from a summary judgment entered in a proceeding to foreclose a mortgage on a vessel, the Abaco Queen, plaintiff-appellant, challenging as erroneous the findings and conclusions 1 of the district judge, that the restrictive *621covenant in the bill of sale to the Queen against its use in the specified trade was valid and of binding force against the mortgagee and any purchaser at the foreclosure sale, seeks a reversal and rendition or at least a reversal and remand of the judgment giving effect to these findings and conclusions. The action which resulted in the judgment under attack was begun July 6, 1957, by plaintiff-appellant, Tri-Fi, the mortgagee, as an ordinary proceeding to foreclose its mortgage. Original parties to it were the mortgagor, Tropical Marine Enterprises, Inc. (T.M.E.), T.M.T.

Citator

UpLaw has not yet analyzed Tri-Continental Financial Corporation v. Tropical Marine Enterprises, Inc.. The absence of a flag is not a finding that it is good law.

Cited by
13 opinions