State v. Mutual Investment Co.

REGAN, Judge..

Mutual Investment Co., Inc., through its receiver, Alcee J. J. Fortier, filed two separate applications to alienate this corporation’s interest in certain unimproved property located in Jefferson Parish at private sale. Both applications were heard contradictorily since a curator ad hoc had been appointed by the court to represent any unknown shareholders, creditors, or any other persons who may have interest in the dissolved corporation.

Both applications were opposed by Warren Realty Company, Inc., who asserted that the amount for which each of the properties was to be sold was…