Legal Opinion
Schulingkamp v. Vista Shores Club
Louisiana Court of Appeal
Decided September 9, 1975No. 6851PublishedCited by 2 opinions
1Opinion of the Court
MORIAL, Judge.
Defendant, a Louisiana non-profit corporation, in aid of financing the construction and equipping of a building for the use and enjoyment of its members devised a plan whereby a member would purchase a “25 Year Debenture Note.” Plaintiff, as a member purchased an instrument complete on its face which was delivered to him and read as follows:
“VISTA SHORES CLUB
New Orleans, Louisiana
25-Year Debenture Note
(8% per annum interest from maturity)
“VISTA SHORES CLUB, a Louisiana non-profit corporation, herein called the Corporation, for value received, hereby promises to pay Judge Oliver…
2Cases cited3 opinions
- Carson, Pirie, Scott & Co. v. Duffy-Powers, Inc.District Court, W.D. New York · 1934
- Lorimer v. Milton McGreevyMissouri Court of Appeals · 1935
- United Masonic Temple Corp. v. HarrisAppellate Court of Illinois · 1926
3Cited by2 opinions
- Cable Co. v. RichardsonLouisiana Court of Appeal · 1992
- Schulingkamp v. Vista Shores ClubSupreme Court of Louisiana · 1975