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INSURANCE MANAGEMENT, INC. v. McLEOD

Nos. 66-823, 66-824.

194 So.2d 16 (1966)

INSURANCE MANAGEMENT, INC., and Edward J. Ryan, Appellants, v. John B. McLEOD et al., Appellees.

District Court of Appeal of Florida. Third District.

On Denial of Rehearing January 27, 1967.

Attorney(s) appearing for the Case

Carr & Warren, Miami, for appellants.

J.M. Flowers and Milton M. Ferrell, Miami, for McLeod.

Carey, Dwyer, Austin, Cole & Stephens and Edward A. Perse, Miami, for Nat'l Indemnity.

Before PEARSON and SWANN, JJ., and KNUCK, FRANCIS X., Associate Judge.

PER CURIAM.

The plaintiff insurance agencies sought injunctive and other relief for the alleged unauthorized withdrawal of corporate funds from corporate accounts by their president, McLeod. McLeod answered and counterclaimed, alleging misconduct by the vice-president, Ryan. National Indemnity Company was then allowed to intervene as an insurer to whom monies collected for premiums were owed under a trust agreement. Subsequently, upon application by McLeod, the chancellor...

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