Price v. Airlift International, Inc.

Florida District Courts of Appeal
Price v. Airlift International, Inc., 201 So. 2d 264 (1967)
1967 Fla. App. LEXIS 4600
Hendry, Pearson, Swann

Price v. Airlift International, Inc.

Opinion of the Court

PER CURIAM.

This interlocutory appeal is brought by one of several defendants to review an in-junctive order and an order appointing a receiver for that defendant. The receiver was appointed pursuant to the motion of the intervening Florida Securities Commission acting under authority of Sections 517.19(6) and 517.19(7), Fla.Stat., F.S.A.

Appellant contends that the statute does not authorize the injunctive order and the appointment of the receiver, and that if authorized the trial judge has abused the discretion vested in him by the statute. We hold that the record fully sustains the action of the chancellor, and that the statute clearly intended the action taken when necessary or advisable for the purpose of protecting the public.

Affirmed.

Reference

Full Case Name
James H. PRICE, Individually and as Last Director and Trustee of James H. Price & Co., Inc., a dissolved Florida corporation v. AIRLIFT INTERNATIONAL, INC., a Florida corporation
Cited By
2 cases
Status
Published