People's Bank v. Shreveport Ice & Brewing Co.
Supreme Court of Louisiana
Appeal from First Judicial District Court, Parish of Caddo; T. F. Bell, Judge. Creditors’ suit by the People’s Bank of. Mobile, Ala., against the Shreveport Ice & Brewing Company. Exception of no cause or right of action overruled, and judgment for plaintiff appointing receivers for defendant corporation, and the St. Louis Union Trust Company, a creditor, appeals.
1Opinion of the CourtSommerville, J.
The People’s Bank of Mobile alleges itself to be an ordinary creditor of the defendant company; that the directors and other officers of that corporation are jeopardizing the rights of its creditors by grossly mismanaging the business; that the property of the corporation has been seized under judicial process through fraud and collusion between the defendant corporation, its officers and stockholders, and a named creditor. It sets forth the acts of mismanagement, collusion, and fraud in its petition, and it asks for the appointment of a receiver to the defendant to take charge of and manage…
2Cases cited6 opinions
- Allen & Currey Mfg. Co. v. Shreveport Waterworks Co.Supreme Court of Louisiana · 1905
- Levy v. DespositoSupreme Court of Louisiana · 1913
- Scionneaux v. WaguespackSupreme Court of Louisiana · 1880
- Mitchell v. CooleySupreme Court of Louisiana · 1843
- Conté v. CainSupreme Court of Louisiana · 1881
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Capital Bank & Trust Co. v. CoreLouisiana Court of Appeal · 1977
- Simon v. McMeelSupreme Court of Louisiana · 1928
- Merco Manufacturing, Inc. v. J. P. McMichael Construction Co.District Court, W.D. Louisiana · 1974
- Mills' Succession v. ManassehLouisiana Court of Appeal · 1933
- Jacob v. ReynaudSupreme Court of Louisiana · 1921
1 more not listed; retrieve them via the Exa API.