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IN THE~ C=RCUIT CO~i
T OF THE
S£COND JUDICI AL CIRCUIT, IN"- ~
. , AND FOR LEON COUNTY, ~RTDA. ~
. Q.
~
~ Gi v « ~7-- ~2 .L .
STAT~ OF FLORIDA, ex rel. ~
BRO'r»RD l•JILLIAriS, State
Treasurer and e~: officio ) 't~
Insurance Comm3ssioner, ,
Re ].ator, .
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vs.
) . ,
THOAiAS H. MSTCHELL, as
At~orney-in-Fact for the ) ~ ~ ~
sabscribers at the Florida ,
Insurance Exchange, a domestic ) ~
rzci,procal insurer, ,
Respondent. - ~ .
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~ 0 R D E R `
This cause came on to be heard on the Petition of the s
State of Florida, ex rel., Broward Willians,-State Treasurer and '
. ex officio Insurance Com.~nissione r,~for the Appointment of a ~
Receiver. The Res~ondent, by and through Thomas H. Mitchell, as
A~torney-in-Fac4 ~or the suoscribers at the Florida Insurance
r.xchzn~e, havin~ filed his appearance herein on behalf of sain
~ subscribers and ~raived venue, orocess, service of process, heGrin~,
no~ice o: hearin~, and consented to an entry oi an order ~ppoin~ing
vonorable ~ro:~:ard tli3liar~is, Sta~e Treasurer and ex o~ficio
Ir~surance Com.~ni.ssioner, as Receiver of Respondent, for the purpose
o~ conserv~n~ ~'r.e asse ~s o~ Res~onden~, and; the Court navi:,o
cons~.dered the Petition and be~ing othercr3.se fully advised in the
pramises is of ~he opinion tna~ the further transaction of an
insurance business by the Respondent would be hazardous ~o its
policy'r.olders and credi~ors, it is, therefore,
CO~SiD~Rr.D, ORDL:~r.D, ADJUDGED and DECREED tna
(1} the impairTent o~' Respondent's surplus ~o policy-
- no~c;ers is such as .-~o-r2nder its fur~her ~ransac ~i.on oi on insu:,ar,ce
business hazardous ~o itis policyholders and credito~s a~d ~hat a
car~serva~or i"or Respondent should be appointed. -
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