Legal Opinion
Merchants' & Farmers' Bank & Trust Co. v. Hammond Motors Co.
Supreme Court of Louisiana
Decided May 23, 1927No. 28300PublishedCited by 14 opinions
1Opinion of the CourtOverton, J.
This proceeding was commenced by rule, instituted by the receiver of the Hammond Motors Company, Inc., in the suit in which the receiver was appointed, to require the Citizens' National Bank of Hammond to pay to the receiver a balance of $7,858, deposited in that bank in the name of the Hammond Motors Company, Inc., “in escrow.”
The proceeding grows out of the following facts: The Hammond Motors Company executed three notes in favor of the Citizens’ National Bank, one for the sum of $1,756.15, and two for the sum of $3,000 each. These notes provide for 8 per cent, per annum interest from…
2Cases cited3 opinions
- Town of Vinton v. LyonsSupreme Court of Louisiana · 1912
- Alcolea v. SmithSupreme Court of Louisiana · 1922
- Pierson v. Metropolitan BankSupreme Court of Louisiana · 1901
3Cited by14 opinions
- Crowe v. Equitable Life Assur. Soc.Supreme Court of Louisiana · 1934
- Cox v. Metropolitan State Bank, Inc.Supreme Court of Colorado · 1959
- Troquille v. Lacaze's EstateSupreme Court of Louisiana · 1953
- Chrysler Credit Corp. v. Whitney National BankDistrict Court, E.D. Louisiana · 1992
- Galloway v. Vivian State BankSupreme Court of Louisiana · 1929
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