Legal Opinion

Brock v. First State Bank & Trust Co.

Supreme Court of Louisiana

Decided June 21, 1937No. 34436PublishedCited by 14 opinions

1Opinion of the Court

HIGGINS, Justice.

This is an action by the State Bank Commissioner in charge of the liquidation of the Tangipahoa Bank & Trust Company against the First State Bank & Trust Company, in liquidation, and Charles H. Houlton, William L. Houlton, and Richard A. Kent, in solido, to recover the sum of $115,529.20, representing the balance due on the note of the defendant bank, guaranteed by the individual defendants.

The defendant guarantors filed an exception of prematurity on the ground that plaintiff must exhaust his remedies against the primary obligor, the maker of the note, before proceeding…

2Cases cited7 opinions

  1. Hibernia Bank & Trust Co. v. Succession of CancienneSupreme Court of Louisiana · 1917
  2. Lachman & Jacobi v. Henry Block & Bro.Supreme Court of Louisiana · 1895
  3. Commercial Nat. Bank v. RichardsonSupreme Court of Louisiana · 1927
  4. WM. B. Thompson & Co. v. SporlSupreme Court of Louisiana · 1926
  5. Graves v. ScottSupreme Court of Louisiana · 1871

2 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Louisiana Bank and Trust Co., Crowley v. BoutteSupreme Court of Louisiana · 1975
  2. Abdalla v. CommissionerUnited States Tax Court · 1978
  3. Bonura v. Christiana Bros. Poultry Co. of Gretna, Inc.Louisiana Court of Appeal · 1976
  4. First Nat. Bank of Crowley v. Green Garden Processing Company, Inc.Supreme Court of Louisiana · 1980
  5. American Bank & Trust Company v. Blue Bird Restaurant & Lounge, Inc.Louisiana Court of Appeal · 1973

9 more not listed; retrieve them via the Exa API.

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