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COSMOPOLITAN CREDIT & INV. CORP. v. BLYTH EASTMAN

No. 79-3211-Civ-EPS.

507 F.Supp. 954 (1981)

COSMOPOLITAN CREDIT AND INVESTMENT CORPORATION, Plaintiff, v. BLYTH EASTMAN DILLON AND CO., INC., Defendant.

United States District Court, S. D. Florida, Miami Division.

February 23, 1981.

Attorney(s) appearing for the Case

Timothy J. Norris, of Mershon, Sawyer, Johnston, Dunwody & Cole, Miami, Fla., for plaintiff.

Dwight Sullivan, Miami, Fla., for defendant.

MEMORANDUM OPINION AND ORDER GRANTING SUMMARY JUDGMENT

SPELLMAN, District Judge.

THIS IS an action for damages arising from the transfer of two Government National Mortgage Association certificates [hereinafter "GNMA's"]. Plaintiff, Cosmopolitan Credit and Investment Corporation [hereinafter "Cosmopolitan"], has asserted that the Defendant, Blyth Eastman Dillon and Co., Inc. [hereinafter "BEDCO"], converted the two GNMA certificates through its transactions...

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