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McCORMICK v. STATE
District Court of Appeal of Florida, Fourth District.
Mar 14, 1975
OWEN, Chief Judge.
Appellant, convicted of grand larceny, contends that the evidence was insufficient to show that at the time of the taking the property had a market value of $100 or more.
The property stolen consisted of eight coats taken from the display racks of a ladies ready-to-wear store and the evidence established that they had a retail value of approximately $300. Market value is the price for which an article is bought and sold in the ordinary course of business. The evidence here was sufficient for a jury to determine beyond a reasonable doubt that at the time of the taking the eight coats had a market value of $100 or more.
Affirmed.
WALDEN and MAGER, JJ., concur.
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