First National Bank in Fort Lauderdale v. Moon

WALDEN, Judge.

Defendants-executors, First National Bank in Fort Lauderdale, a national banking corporation, and Eileen Boyle Nielsen, appeal from a judgment of $6,000.00 in an action suggesting devastavit for mismanagement. We reverse.

Plaintiffs, Raymond Moon, both individually as well as for the benefit and use of Charles Knowlton, Jr., by Emory S. Kates, his Guardian ad Litem, were bequeathed a Danish yacht. Charles Knowl-ton, Jr., cared for the vessel for some sixteen months after decedent’s death, at which time it was placed by defendants with the Cove Yacht Basin and thereafter in…