Case Name: 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
Court: Florida District Court of Appeal
Jurisdiction: Florida
Decision Date: 1987-12-02
Citations: 516 So. 2d 1014
Docket Number: No. 87-0849
Parties: 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.
Judges: WALDEN, J., concurs.
Reporter: Southern Reporter, Second Series
Volume: 516
Pages: 1014–1015

Head Matter:
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.
No. 87-0849.
District Court of Appeal of Florida, Fourth District.
Dec. 2, 1987.
Rehearing Denied Jan. 11, 1988.
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.

Opinion:
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.Stat. (1985). Therefore, genuine issues of material fact remain concerning the appellee's status as a holder in due course.
REVERSED.
WALDEN, J., concurs.
GLICKSTEIN, J., concurs specially with opinion.