Commercial General Agency, Inc. v. K.G.L. Contracting Services, Inc. (In Re K.G.L. Contracting Services, Inc.)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

A. JAY CRISTOL, Bankruptcy Judge.

This adversary proceeding, heard on May 29 and July 8, 1985, is an interpleader action involving the right to a fund of $6,947, that has been deposited in the court registry by Commercial General Agency (CGA). The fund is claimed by the debtor, K.G.L. Contracting Services, Inc. (KGL) and defendant, Insurance Technicians, Inc., (ITI). Additionally, KGL has asserted an affirmative claim for money damages against ITI based on fraud.

This court, after receiving and examining all the evidence, finds as follows:

FACTS

1. James…