Legal Opinion

Young v. Teutonia Bank & Trust Co.

Supreme Court of Louisiana

Decided January 19, 1914No. Nos. 19,967 and 20,004PublishedCited by 26 opinions

Appeal from Civil District Court, Parish of Orleans; George H. Théard, Judge. The Teutonia Bank & Trust Company was placed in the hands of Wm. L. Young, State Bank Examiner, for liquidation, and to the first provisional account filed by him the Kansas Plour Mills Company and others filed oppositions. Certain oppositions were dismissed and others sustained, a decree was rendered homologating the account as amended, and the Kansas Plour Mills Company and others appeal.

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Appeal from Civil District Court, Parish of Orleans; George H. Théard, Judge. The Teutonia Bank & Trust Company was placed in the hands of Wm. L. Young, State Bank Examiner, for liquidation, and to the first provisional account filed by him the Kansas Plour Mills Company and others filed oppositions. Certain oppositions were dismissed and others sustained, a decree was rendered homologating the account as amended, and the Kansas Plour Mills Company and others appeal. The State Bank Examiner also appealed from the allowance of interest on certain claims. No. 19,967: No. 20,004:

1Opinion of the CourtLand, J.

The Teutonia Bank & Trust Company of the city of New Orleans in April, 1912, was placed in the hands of the State Bank Examiner for liquidation according to law.

On July 29th of the same year, the State Examiner filed his first provisional account, in which he proposed to pay ordinary creditors a dividend of 25 per cent. The account shows that, when the State Examiner took charge, there was cash in the vault, of the bank to the amount of $23,278.63. '

A number of oppositions to the homologation of the account were filed by creditors claiming to be paid by preference out of said fund of…

2Cases cited11 opinions

  1. Longbottom's Executors v. BabcockSupreme Court of Louisiana · 1836
  2. In re the Louisiana Savings Bank & Safe Deposit Co.Supreme Court of Louisiana · 1888
  3. Kohn v. WagnerSupreme Court of Louisiana · 1842
  4. Fuselier v. BabineauSupreme Court of Louisiana · 1859
  5. Ferguson & Hall v. Their CreditorsSupreme Court of Louisiana · 1841

6 more not listed; retrieve them via the Exa API.

3Cited by26 opinions

  1. Hecker-Jones-Jewell Milling Co. v. Cosmopolitan Trust Co.Massachusetts Supreme Judicial Court · 1922
  2. In Re Hibernia Bank & Trust Co.Supreme Court of Louisiana · 1936
  3. Daugherty v. Canal Bank & Trust Co.Supreme Court of Louisiana · 1934
  4. Bank of Giles County v. Fidelity & Deposit Co.Court of Appeals for the Fourth Circuit · 1936
  5. First State Bank of Bristow v. O'BannonSupreme Court of Oklahoma · 1928

21 more not listed; retrieve them via the Exa API.

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