Miami Bank & Trust Co. v. Board of Public Instruction
Miami Bank & Trust Co. v. Board of Public Instruction
Opinion of the Court
Appeal from an order sustaining a demurrer to the bill of complaint of Miami Bank & Trust Company against The Board of Public Instruction for Broward County; Fort Lauderdale Special Tax School District Number Three of Broward County; Biscayne Con
The order is reversed.
Reference
- Full Case Name
- Miami Bank & Trust Company, a Corporation v. The Board of Public Instruction for the County of Broward, State of Florida, a Corporation Fort Lauderdale Special Tax School District Number Three of Broward County, State of Florida, a Corporation Biscayne Construction Company, a Corporation, and Walter DeGarmo
- Cited By
- 1 case
- Status
- Published
- Syllabus
- 1. Funds in the control of a Board of Public Instruction which were raised by the public for the specific purpose of building a school house, constitute trust funds for that purpose and may not be diverted to any other purpose until the purpose for which such funds were raised has been accomplished. 2. One who has a claim against such funds under the regulations adopted for its proper disbursement may maintain a suit to enjoin the Board of Public Instruction from disbursing the funds for any purpose other than that for which they were raised.