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IN THE CIRCUIT C4URT OF THE ;
SECOND JUDICIAL CIRLUIT, IM i
AND FOR LEON COUAITY, FLORIGH. ;
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C1VIL CASE N0. 67-844 :
STATE ~F FLORIDA, ex rel.) -
[iROWARD WILLIAMS, State
Treasurer and ex afficio ) .
Insurance Comnissioner,
~
Relator, ~
) +
vs .
)
NORTH AMERICAN GUkRANTY
INSURANCE COh~ANI', an )
Arkansas corporat;on
authorized to con~uct )
an insurance busir.ess
in the State of Florida. )
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ORDER G~ LIQUIDATION
TNIS CAUSE coming on to be heard upon the Petition of BROWARD
WILLIAMS, as Ancillary Receiver of the Respondent, NORTH AMERICAN GUARANTY
INSI~tANCE COMPANY, for entry ot an Order to Liquidate the busi~ess affairs
of the Respondent in this State, and the Court, being fully advised in the
premises, and upon consideration of the Petition, the evidence produced
before it, and argument of counsel, finds:
l. That by telegram dated October i6, 1967, John NQrman Narkey,
Domiciliar Receiver of North American Guaranty Insurance Company, entered ~
y
his special appearance in response to the Petition of Broward Williams, as
Ancillary Receiver for Respond~nt, for the purpose of consenting to the ~
entry of an Order of Liquidation of the Florida business of the Respondent ~
f
company by the Anciliary Receiver, waiving process, service of process and i
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notice of hearing on said Petition. - '
2. That the R2spondent, North American Guaranty Insurance
;
Com~any is insolvent.
3. That R~pondent is beyond conservation and rehabilitatian and
shouid be irmiediatel~ placed in liQUidation by this Court for the protection
of Florida policyholders, creditors and claimants so that a time 'im~t may be ~
set within which such policyholders, creditors and claimants may file proof ~
of their claims against said Respondent in these receivership proceedings ~
wi thout further delay.
_ } 600K ~69 PAGE 309 ~
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