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AMERICAN INTERNAT'L CORP. v. MARINE BANK & TRUST CO.

78 So.2d 869 (1955)

AMERICAN INTERNATIONAL CORPORATION, a foreign corporation, Appellant, v. MARINE BANK And TRUST COMPANY, a banking corporation; Anthony Spadaro and George Presson, as Executors under the Last Will and Testament of Joseph Spadaro, deceased; Robert S. Baynard, Mildred Baynard and George Presson, Individually; and Florida Railroad and Public Utilities Commission, Wilbur C. King, Jerry W. Carter and Richard A. Mack, as and constituting the Florida Railroad and Public Utilities Commission, Appellees.

Supreme Court of Florida. Special Division A.

March 25, 1955.

Attorney(s) appearing for the Case

Manuel M. Garcia, Tampa, for appellant.

Ausley & Ausley, Tallahassee, for Marine Bank & Trust Company, et al.

Guyte P. McCord, Jr., Tallahassee, for Florida Railroad & Public Utilities Commission.

SEBRING, Justice.

The appellees, other than the members of the Florida Railroad and Public Utilities Commission, are stockholders of the Florida Bridge Company, which acquired a franchise for construction of a highway toll bridge across Gasparilla Sound in Charlotte County, Florida. The Bridge Company subsequently contracted to sell the franchise to the appellant, American International Corporation, and when the latter refused...

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