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FLEY£yt~~ JVQICI~I CI~CUtT I'~
AtiD FOR OAUE COI~HTY. ilORI~.1?
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CIYII 11CTIU~i y0. ~1-~37 ~~i1ltAms~
S7ATE Of FI.ORI~A. ex r~l. :
THE ~EFART~CiiT OF Ip~Stt~A;sCE.
Rel a Lor. ~
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vs. opo~a oF tinuiw~Ti~r+,
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iI~tST A~£RtCAN It~SUR11:iCE
CONPAhY. a tZorlds =or- :
poratloA auEhorizQd to
traASact aa t~suracc~ :
busl~es~, '
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t~espondent.
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~w~.~..,.w.a-w~?.~...-~.~~.«~~~.~-.~ ~~.w
?his t~use cac~e on to be h~ard on fabruary 23. t~71,
upon tt~e petitia~ of tAe ~eteiYe~ hereln, thoca?s ~'!~;11e~?.
~nsurance tan~slssioner and treasurer, as hea~ af t1e Le~art-~ent
o~ Ins:~rance, tar the eRtry oi an c+rde~ ~ut~nrliln~ snC dlrecting
~1~ to 1~q~sldatt 4n thfs sttta tt~e buslnese of the resQonQent, #
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F4rst ~asricas~ Insurance Canpany. pursuant to th~ pto~is~ons ~
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~ of thapter 631, ~1or1~a Statutes.
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~ TAe cou~t t~einQ ~dvised in t!~• preMlses and hsvtn~
F consiciered tt~e petltloa and the prooi tcn~e~~d in support
~
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~ the~eof. ftnCs that the ~~s~ondent, firsL ~~erican jasurance ~
~ Co~:P:ny. is 1nsolv~nt wttht~ t!re Rurrtex ot Stctton 431.i~Il(5), 4
~ flarlda Stasut~~, as ot tAls date. F~bruary 23, 1971, inQ thst '
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~ grounds •xist urder ~ec~ion S3Z.~61 an~ Sectton E31.~51, Ftorlva
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: Statvtes. for t~a iiqu~dattvn o! Sha re:~andeet, it ap~~arl~g '
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~ to tne court that sai~ insuter fs naw b~yond ref~abilitatla~. t
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- It is ~cco~dln~ly 1
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t?RDEpE~ a~d ~!?Jt1h~L~3 th~t the recrlYer, T++~~3s
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~ 4'~allsy. 1r.r.urance to~aisslor.e~ •nd Lreaturcr, as hee:~ of tt~e .
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