Legal Opinion
Brock v. First State Bank & Trust Co.
Supreme Court of Louisiana
Decided January 10, 1939No. 34964PublishedCited by 2 opinions
1Opinion of the Court
HIGGINS, Justice.
The State Bank Commissioner, liquidator of the Tangipahoa Bank & Trust Company, as bona fide holder and owner for value, in due course, before maturity, sued the First State Bank & Trust Company, in liquidation, and Charles H. Houlton, William L. Houlton and Richard A. Kent, in solido, for the sum of $115,529.20, the alleged balance due on the defendant bank’s note, which was guaranteed by the three other defendants. s
An exception of prematurity was filed by the guarantors on the ground that the holder of the note had to assert all of his remedies against the maker of the…
2Cases cited7 opinions
- Brock v. First State Bank & Trust Co.Supreme Court of Louisiana · 1937
- Reconstruction Finance Corporation v. ThomsonSupreme Court of Louisiana · 1936
- Interstate Trust & Banking Co. v. SabatierSupreme Court of Louisiana · 1937
- Reconstruction Finance Corporation v. HollowaySupreme Court of Louisiana · 1938
- Citizens' Bank & Trust Co. v. BarthetSupreme Court of Louisiana · 1933
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- B. F. Goodrich Co. v. Ryan Tire Service, Inc.Louisiana Court of Appeal · 1967
- SFC Acceptance Corp. v. SpainLouisiana Court of Appeal · 1967