Securities and Exchange Commission v. Affiliated Investment Corporation, American Bank and Trust Company of Monroe v. Emile C. Toups, as Receiver for Affiliated Investment Corporation

409 F.2d 570

SECURITIES AND EXCHANGE COMMISSION, Plaintiff,

v.

AFFILIATED INVESTMENT CORPORATION et al., Defendants.

AMERICAN BANK AND TRUST COMPANY OF MONROE, Appellant,

v.

Emile C. TOUPS, as Receiver for Affiliated Investment Corporation, Appellee.

No. 26863.

United States Court of Appeals Fifth Circuit.

April 23, 1969.

Appeal from the United States District Court for the Western District of Louisiana.

James A. Hobbs, Clifton S. Carl, Jack M. Gordon, New Orleans, La., Jones, Blackwell, Chambliss, Hobbs & Henry, West Monroe, La., for appellant.

Gerald E. Boltz, Robert F. Watson, Thomas W. McIlheran,…