State v. Lanning
Supreme Court of Louisiana
Appeal from First Judicial District Court, Parish of Caddo; John R. Land, Judge. W. C. Banning was convicted of embezzlement, and he appeals.
1Opinion of the CourtProvosty, J.
The accused was convicted of embezzlement, and sentenced to seven years in the penitentiary, and has appealed.
He was president of an insurance company duly organized but not having as yet one-half of its capital stock of 8300,000 paid in, and therefore not yet qualified under the laws of this state to write insurance. The par value of each share of the capital stock of the company was |15; but the selling price was fixed at 825. Five dollars of this added 810 was for creating a surplus fund, and $5 was for defraying the expense of selling the stock. By a special contract with the company the…
2Cases cited2 opinions
- State v. GreenSupreme Court of Louisiana · 1884
- State v. RedSupreme Court of Louisiana · 1880
3Cited by6 opinions
- State v. RicksSupreme Court of Louisiana · 1930
- State v. AntoineSupreme Court of Louisiana · 1938
- State v. EubanksSupreme Court of Louisiana · 1960
- State v. YoungSupreme Court of Louisiana · 1966
- State v. YoungSupreme Court of Louisiana · 1966
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