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IDEAL FOODS, INC. v. ACTION LEASING CORP.

No. 81-1067.

413 So.2d 416 (1982)

IDEAL FOODS, INC., Appellant, v. ACTION LEASING CORPORATION, a Florida Corporation, Appellee.

District Court of Appeal of Florida, Fifth District.

Rehearing Denied May 6, 1982.

Attorney(s) appearing for the Case

Raymond J. Rotella, of Zinkow, Kosto & Rotella, Orlando, for appellant.

Richard H. Adams, Jr., and Russell W. Divine of Adams, Fassett & Divine, P.A., Orlando, for appellee.

COBB, Judge.

The issue in this case is whether Richard Maru, the secretary-treasurer and minority shareholder of the appellant-defendant, Ideal Foods, Inc. (Ideal), had the authority to bind Ideal in certain leases with the plaintiff-appellee, Action Leasing Corporation (ALCO). Because Maru had no such authority, we reverse.

ALCO sued to recover on leases signed by Maru. Ideal defended on the ground that Maru lacked authority to bind it. In order to bind Ideal...

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