Florida Bar v. Davis

This disciplinary proceeding is before the Court on respondent’s petition for review of the report of a referee. The Board of Governors of The Florida Bar has concurred in the referee’s findings and recommendations. Our jurisdiction is provided for by article V, section 15, Florida Constitution.

In the latter part of 1974 respondent, a member of The Florida Bar, brought together a number of investors for the purpose of acquiring three parcels of real property in North Carolina. Respondent’s objective was to raise enough cash to acquire a purchase option held by one Whittles, to discharge a…