First Nat. Bank v. Powell Bros. & Sanders Co.
Supreme Court of Louisiana
Appeal from Twelfth Judicial District Court, Parish of Vernon; Don E. So Relie, Judge. Action by the First National Bank against Powell Bros. & Sanders Company, Limited. From a judgment approving a sale by a receiver of defendant, the party aggrieved appeals.
1Opinion of the CourtProvosty, J.
On the petition of the receiver of the defendant corporation, an order was made for the sale of all the property of the corporation, for cash, to the highest bidder, without appraisement; that part of the property on which there were mortgages or privileges to be sold separately, and the proceeds of same to be held separate, subject, to the further orders of the court. The advertisement of the sale, as published, made the following announcement:
“Said property to be sold free from any lien, mortgage or inc'umbrance of any nature whatever, whether placed thereon by Powell Bros. & Sanders Co.,…
2Cases cited14 opinions
- Kneeland v. American Loan & Trust Co.Supreme Court of the United States · 1890
- Wiswall v. SampsonSupreme Court of the United States · 1853
- Pickersgill v. BrownSupreme Court of Louisiana · 1852
- Snow v. WinslowSupreme Court of Iowa · 1880
- Lorch v. Aultman & Co.Indiana Supreme Court · 1881
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3Cited by3 opinions
- International Harvester Co. of America v. Union Irr. Co.Supreme Court of Louisiana · 1916
- Smith v. Sanders-Lenahan Lumber Co.Supreme Court of Louisiana · 1916
- Davis v. PattersonSupreme Court of Arkansas · 1930