Legal Opinion
In re Canal Bank & Trust Co.
Supreme Court of Louisiana
Decided March 24, 1952No. 40236PublishedCited by 3 opinions
1Opinion of the Court
PONDER, Justice.
This is an appeal from a judgment annulling a contract and ordering the return of the purchase price.
Walter Lemann, as agent of Harold S. Mayer, his undisclosed principal, entered into four simultaneous agreements with the Canal Bank & Trust Company in Liquidation, through the State Banking Commissioner, the special agent and the liquidator in charge of its liquidation, on May 19, 1938 for the purchase of notes of Picard & Geismar, Ltd., having a face value of approximately $40,000 for the sum of $6,228.12. These simultaneous agreements were treated ¡by the parties at interest…
2Cases cited4 opinions
- In Re Clover Ridge Planting & Mfg. Co.Supreme Court of Louisiana · 1933
- International Shoe Co. v. Picard & Geismar, Ltd.District Court, E.D. Louisiana · 1939
- Guardian Homestead Ass'n v. MazeratSupreme Court of Louisiana · 1935
- Mayer v. GrosCourt of Appeals for the Fifth Circuit · 1940
3Cited by3 opinions
- Calabrese v. Rexall Drug & Chemical Co.California Court of Appeal · 1963
- Nasco, Inc. v. Calcasieu Television and Radio, Inc.District Court, W.D. Louisiana · 1985
- Callon Royalty Fund-1980 v. WalkerLouisiana Court of Appeal · 1984