Lesassier v. Board of Liquidation

The opinion of the court was delivered by DeBlanc, J., and on the application for a rehearing by Manning, C. J.

DeBlanc, J.

Plaintiffs are the holders of three bonds, which — they allege — are exchangeable, and which they have sought to exchange for consolidated bonds, tinder an act adopted by the legislature and approved on the 24th of January 1874. The bonds thus held by plaintiffs were issued nearly half a century ago, on the 31st of December 1828, under an act of the Legislature of the State. They are signed by *612P. Derbigny — then the Governor of Louisiana, and countersigned by E. Gardére,…