I. Trager Co. v. Cavaroc Co.
Supreme Court of Louisiana
Appeal from Civil District Court, Parish of Orleans; Walter Byers Sommerville, Judge. Action by the I. Trager Company against the Cavaroe Company, Limited, for the appointment of a receiver. Sol Levi was appointed receiver, and from a subsequent order directing him to turn over the property in' his hands to the trustee in bankruptcy of defendant, both Levi, individually and as-receiver, and plaintiff appeal.
1Opinion of the Court
Statement of the Case.
MONROE, J.
Plaintiff, a creditor, filed a petition in the civil district court, alleging' that the defendant company was insolvent, that its affairs were being grossly mismanaged, thereby jeopardizing the rights of the stockholders and creditors, and that its stockholders had declared, by resolution, that it was uuable to meet its obligations as they matured, and praying that a receiver be appointed. Defendant answered, admitting that plaintiff is a creditor, admitting the-adoption of the resolution referred to in the petition, but denying the alleged insolvency and…
2Cases cited11 opinions
- Metcalf v. BarkerSupreme Court of the United States · 1902
- In Re Watts and SachsSupreme Court of the United States · 1903
- Randolph v. ScruggsSupreme Court of the United States · 1903
- Yeatman v. Savings InstitutionSupreme Court of the United States · 1878
- Marshall v. KnoxSupreme Court of the United States · 1873
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3Cited by12 opinions
- Hyman v. Hibernia Bank & Trust Co.Supreme Court of Louisiana · 1919
- Merchants' & Farmers' Bank & Trust Co. v. Hammond Motors Co.Supreme Court of Louisiana · 1926
- C. T. Patterson Co. v. Port Barre Lumber Co.Supreme Court of Louisiana · 1914
- Lehman, Stern & Co. v. E. Martin & Co.Supreme Court of Louisiana · 1912
- Union Securities Co. v. NealLouisiana Court of Appeal · 1928
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