Sims v. Athens Bank
Supreme Court of Louisiana
Appeal from Third Judicial District Court, Parish of Claiborne; William C. Barnette, Judge. Action by R. N. Sims, Examiner of State Banks, against the Athens Bank. The American National Bank proceeded by rule to be recognized as pledgee of certain collateral securities. From a judgment for the plaintiff in rule, the Examiner of State Banks appeals.
1Opinion of the CourtO’NIEIiL, J.
The American National Bank, being a creditor of the Athens Bank, in liquidation, proceeded by rule against the examiner of state banks, and against the special agent and liquidator of the Athens Bank, to be recognized as the pledgee of certain promissory notes and cotton warehouse receipts. These collaterals had been given in pledge by the cashier of the Athens Bank to the American National Bank to secure certain loans exceeding $15,000, represented by four promissory notes bearing the signature of the Athens Bank, by its cashier, payable to the American National Bank.
In answer to the rule,…
2Cases cited3 opinions
- Aldrich v. Chemical National BankSupreme Court of the United States · 1900
- Blanc v. Germania Nat. BankSupreme Court of Louisiana · 1905
- Dixon v. Vicksburg, S. & P. Ry. Co.Supreme Court of Louisiana · 1916
3Cited by5 opinions
- Thomas v. Marine Bank & Trust Co.Supreme Court of Louisiana · 1924
- Sibley State Bank v. Exchange Nat. BankSupreme Court of Louisiana · 1925
- Citizens State Bank v. AdamsSupreme Court of Florida · 1939
- First National Bank v. ClementsSupreme Court of Virginia · 1935
- Slaton State Bank v. Amarillo Nat. BankCourt of Appeals of Texas · 1926