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EDMISTON v. J.C.G.-MEDALLION, INC.

No. KCD 29154.

570 S.W.2d 306 (1978)

Henry W. EDMISTON, Director, Division of Insurance, Dept. of Consumer Affairs Regulation and Licensing, State of Missouri, Receiver for Medallion Insurance Co. and Missouri General Insurance Co., Plaintiff-Appellant, v. J.C.G.-MEDALLION, INC. et al., Defendants, Emerald Financial Corporation and Arthur E. Curtis, Trustee, Movants-Respondents.

Missouri Court of Appeals, Kansas City District.

July 31, 1978.

Attorney(s) appearing for the Case

John C. Craft, William C. Jolley, Jr., Kansas City, for plaintiff-appellant and Medallion Receivership.

Duke W. Ponick, Jr., Kansas City, for movants-respondents.

Before SHANGLER, P. J., WASSERSTROM, J., and CLARK, Special Judge.

SHANGLER, Presiding Judge.

This action by Emerald Financial Corporation to exercise the power of sale under a deed of trust which secures the promissory note of Medallion Insurance Company and Missouri General Insurance Company then in default was incident to a proceeding by Edmiston, Director of the Division of Insurance of Missouri, to enjoin further transaction of business by Medallion and Missouri General and to order the liquidation of these insurance companies...

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