IN RE WARD LAND CLEARING & DRAINAGE, INC.

Bankruptcy No. 86-02078.

73 B.R. 313 (1987)

In re WARD LAND CLEARING & DRAINAGE, INC., Debtor(s).

United States Bankruptcy Court, N.D. Florida, Panama City Division.

March 25, 1987.


Attorney(s) appearing for the Case

E. Thomas Brushwood, Tallahassee, Fla., for U.S.F. & G.

Jerry W. Gerde, Panama City, Fla., for 1st Nat. Bank.

Clinton E. Foster, Panama City, Fla., for debtor.


OPINION

LEWIS M. KILLIAN, JR., Bankruptcy Judge.

THIS MATTER came before the court upon a motion by United States Fidelity and Guaranty (USF & G), the surety of the debtor, for disbursement to it of the sum of $311,740.57, presently being held by the Town of Cross City (Cross City) pursuant to this court's order dated July 30, 1986. The funds being held represent proceeds on a construction contract between Ward Land Clearing & Drainage, Inc. (Ward...

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