Opinion
No. 67-584.
July 20, 1967.
Appeal from the Circuit Court, Dade County, Raymond G. Nathan, J.
Horton Schwartz, Miami, for appellant.
Sibley, Giblin, Levenson Ward, Miami Beach, and Dixon, DeJarnette, Bradford, Williams, McKay Kimbrell, Miami, for Airlift International.
Earl Faircloth, Atty. Gen., and Milton J. Wallace, Asst. Atty. Gen., for Florida Securities Comm.
Hansford D. Tyler, Jr. and David D. Phillips, Miami, for Voyle C. Johnson.
Roger H. Edwards, South Miami, for Harold Swartz.
Marchant Perkins, Miami, for Robert M. Hewitt.
Shutts Bowen, Miami, for Hargis and McKeller.
Boris Spaseff, Miami, for Leo Gutstein.
Moore Moore, Miami, for William R. Price.
Robert L. Achor, Miami, receiver.
Before PEARSON, HENDRY and SWANN, JJ.
This interlocutory appeal is brought by one of several defendants to review an injunctive order and an order appointing a receiver for that defendant. The receiver was appointed pursuant to the motion of the intervening Florida Securities Commission acting under authority of Sections 517.19(6) and 517.19(7), Fla. Stat., F.S.A.
Appellant contends that the statute does not authorize the injunctive order and the appointment of the receiver, and that if authorized the trial judge has abused the discretion vested in him by the statute. We hold that the record fully sustains the action of the chancellor, and that the statute clearly intended the action taken when necessary or advisable for the purpose of protecting the public.
Affirmed.