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BLANCHAR v. CENTRAL TRUST COMPANY

No. 87-0849.

516 So.2d 1014 (1987)

Jon W. BLANCHAR, David Catlin, William Mack, William Leibel, Frederick O'Harrow, Wayne E. Gensmer, Lenox W. Davidson, Charles Faegre and Patricia Hilton, F/K/a Patricia Faegre and Frederick A. Bragiel, Appellants, v. CENTRAL TRUST COMPANY, Etc., et al., Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied January 11, 1988.

Attorney(s) appearing for the Case

George H. Bailey and Peter A. Sachs, of Jones & Foster, P.A., West Palm Beach, for appellants.

Alvin B. Davis and Frank Scruggs, of Steel Hector & Davis, Miami, for appellee-Central Trust Co.

GUNTHER, Judge.

We reverse the summary judgment entered in favor of plaintiff/appellee against the defendants/appellants. The appellants raised the defenses of fraud, conversion, and failure to register under federal and state securities laws. On the motion for summary judgment, the appellee did not meet its burden of showing that it took the investments in good faith and without notice of any of the defenses. See § 673.302(1) & § 673.307, Fla...

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