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:~ppointir+g the tlonorable Thor~as D. 0'`talleq, as Cor^r~issioner of
th= Derartment of Insurance of the State of Florida, as Ancillarq
Receiver of La Salle rational Insurance Company for the purpose of
liquidatinR the said companq.
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4. That the Respondent, La Salle ~ational Insurance Company, i
is insolvent.
5. That Respondent is beyond conservation and rehabili[ation
a~d should be immediately nlaced in liquidation by this Court for
the protection of Fl~rida policyhrlders, creditors, and claimants
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so that a tine lir~it may be set Within which such policyholders,
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creditors, and ci~iman[~ msy fi2e j~roof of their c3airs aRainst
said Respondent fn these receivership proceedings without further ~
delay. ~
T~'HEREFORE, IT IS ORDERED, ADJJDCED`AND DECREED that Thomas D.
0'~ialZey, Insurance Compissioner and State Tre~?surer af F2arida, is
}~ereby appointed Ancillary Receiver~ L. E. Caruthers, G. Odell Turner
and l:athryn Gregory are hereby appointed as Deputy Ancillary Receivers
of La Salle ::ational Insurance Company for the purpose of liquidatinR
said conpany and is authorized and directed to: ~
~ 1. Liquidate the assets of the Respondent.
2. Take immediate possession of all the property, assets, and
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estate, fncludinR, but not limited to, all offices maintained by
~ the P.espondent, and all rights of action, books, documents, papers,
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evidence of debt, and all other property of every kind whatsoever
- ~nd ~~heresoever located in this State, belon~ing to said Respondent,
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including, but not limited to, all bank accounts, stocks, honds,
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~ ~iebentures, mortgapes, all premiums collected by premium finance
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co~^panies or any other person enQap.ed in premium financing; ap,ents, .
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suha~ents, brokers, producing agents, solicitors, service representa-
tives, or.o[hers~ and not raid to the insurer; furniture, fixtures,
equinr~ent, and office supplies, and to hold all such acsets nendinR
further Orders of ti~is Court; however, the Ancillary Receiver's riv,hts
s'~all Ue subnrdinate to 1ny ri~hts of the Do~iciliary Fecetver as
;~rovi~led by the Uniform Insurer's Liquidation Act.
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