Interstate Trust & Banking Co. v. Irwin
Supreme Court of Louisiana
Appeal from Civil District Court, Parish of Orleans; E. K. Skinner, Judge. Action by the Interstate Trust & Banking Company against Leon Irwin. Erom judgment for plaintiff, defendant appeals.
1Opinion of the Court
Statement of the Case.
O’NIELL, J.
The defendant has appealed from a judgment rendered against him for $4,285.68, the balance due on a promissory note for $30,000, signed by him and 13 others in solido.
The signers of the note were directors of the People’s Bank & Trust Company; and they signed and issued the note to save the institution from failure, under the circumstances recited hereafter.
In the early part of April, 1910, the state bank examiner found that the capital stock of the bank was impaired to an extent exceeding 20 per cent., and notified the officers ' and directors that he would…
2Cases cited2 opinions
- Wright v. GurleySupreme Court of Louisiana · 1913
- Kennedy v. YoungSupreme Court of Louisiana · 1915
3Cited by29 opinions
- Hibernia Bank & Trust Co. v. Succession of CancienneSupreme Court of Louisiana · 1917
- Farmers State Bank v. HaunWyoming Supreme Court · 1924
- Muse v. St. Paul Fire & Marine Ins. Co.Louisiana Court of Appeal · 1976
- Seth v. Lew HingCalifornia Court of Appeal · 1932
- Gardiner v. HolcombCalifornia Court of Appeal · 1927
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