Stringer v. Consumers Credit Corp.

N. D. Stringer, Sr., by an attachment in chancery, sought to recover from Consumers Credit Corporation, a Louisiana corporation, and three other local corporations, damages which he alleged to have arisen to him out of the breach of a written contract and as- a result *244of a wrongful tort. A number of other parties were made garnishee-defendants.

The original and amended bills charged that Consumers Credit Corporation transacted the business of making loans to individuals and appointed agents for that purpose in this State; that such agents were required to deposit with Consumers collateral to…