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t~~is Court, to be paid out of the funds or assets of the Respondent in the
Aossession of the Ancillary Recetver. . ~
'"w~• Commence and maintain a11 legal actior~s necessary for
the conduct of this Receivership.
~ (f) Not defend legal actions wherein Respondent is d party
defendant, commenced either prior to or subsequent to this Order of Appo~nt-
ment of the Ancillary Receiver. ~ .
(~g) Take possess~on of all of Respondent's securities on
deposit with the State Treasurer of the State of Florida in the approximate °
amount of 3352,000.00 par value, convert to cash so much of same ns ma~y be
necessary to pay claims and expen~es, and hold such funds and all other assets
- coming into his hands subject to further orders of this Court.
3. A11 agents, employees, attarneys, and all persons representing ~
Respondent.~or enployed by Respondent in connection with the conduct of.its
~ insurance bus~ness in th~s state be and they are hereby discharged.
~ ' 4. All persons within the 3urisdiction of this Court who have in
their possession, custady or controZ, assets of the Respondent of any kind
~whatsoever and wheresoever situated in this State,including but not limited
~ to, monies, books or records, personal or real property, are directed to
_ forthwith deliver upon demand said assets to Broward Williams, State.Treasurer
- and ex officio Insurance Coamissioner as Anc~llary Receiver of Respondent.
~ 5. All persons, corporations or associations are en3oined from
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interfering with the Ancillary Receiver in the conduct of these proceedings,
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E the wasting of the assets, the comnencement or prosecution of any actions
against Respondent or the Mcillary Receiver, the obta~ning of preferences,
~udgments, attachments, writs of garnishment, or other liens, or the making
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of ar~y levy or execution against-the Respondent or the Mcillary Receiver
during the conduct of this Rece~vership.
6. All policies of insurance of North American Guaranty Insurance .
Co~any shall remain_in force until further Order of this Court. However,
it appearing to the Court that the Insurance Comnissioner of Florida has
heretofore on September 22, 1967,~ entered hi s Order di recti ng Respondent to
~ Cease and Desist fraa the further writing of ar~r further insurance in~ this •
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