Legal Opinion

Interstate Trust & Banking Co. v. Sabatier

Supreme Court of Louisiana

Decided November 29, 1937No. 34251PublishedCited by 8 opinions

1Opinion of the Court

PONDER, Justice. ■

This is a suit on a continuing guaranty.

There seems to be no dispute as to the facts alleged in plaintiff’s petition pertinent to this decision. The facts alleged are substantially as follows, viz.: The defendant, on October 20, 1928, executed to the New Orleans Bank & Trust Company, the following continuing guaranty, viz.:

“Continuing Guaranty.
“In consideration of the giving of credit to Iota Rice Mill Co., Inc., We hereby give this Continuing Guaranty to New Orleans Bank & Trust Company, of New Orleans, Louisiana, for payment in full, together with all interest, fees and…

2Cases cited10 opinions

  1. Davis v. WellsSupreme Court of the United States · 1881
  2. Davis Sewing MacHine Co. v. RichardsSupreme Court of the United States · 1885
  3. Hibernia Bank & Trust Co. v. Succession of CancienneSupreme Court of Louisiana · 1917
  4. Mathews v. PhelpsMichigan Supreme Court · 1886
  5. Menard v. ScudderSupreme Court of Louisiana · 1852

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3Cited by8 opinions

  1. Bartmann v. Maverick Tube Corp.Court of Appeals for the Tenth Circuit · 1988
  2. Bonura v. Christiana Bros. Poultry Co. of Gretna, Inc.Louisiana Court of Appeal · 1976
  3. Rex Finance Company v. CaryLouisiana Court of Appeal · 1963
  4. William Latham Leeds, Independent of the Estate of John R. Neece, Deceased v. Whitney National Bank of New OrleansCourt of Appeals for the Fifth Circuit · 1967
  5. 19 Collier bankr.cas.2d 940, Bankr. L. Rep. P 72,440 William R. Bartmann, Debtor-Appellant v. Maverick Tube Corporation and Nucorp Supply, Inc., Creditors-AppelleesCourt of Appeals for the Tenth Circuit · 1988

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