Legal Opinion
In Re Canal Bank & Trust Co.
Supreme Court of Louisiana
Decided January 4, 1937No. 33975PublishedCited by 6 opinions
1Opinion of the Court
ODOM, Justice.
On December 19, 1932, the Orleans Homestead Association executed a negotiable promissory note for $30,000, due in 90 days, payable to the Canal Bank & Trust Company, and delivered it to the bank. The consideration for the note was money borrowed. By payments or agreements be-’ tween the parties, the amount now due on the note is $7,085.23.
On December 23, 4 days after the note was executed and delivered, the bank delivered it in pledge, along with other collateral, to the Reconstruction Finance Corporation (hereinafter referred to as R F C) as security for a loan. On March 6,…
2Cases cited7 opinions
- Casey v. CavarocSupreme Court of the United States · 1878
- In Re Canal Bank & Trust Co.Supreme Court of Louisiana · 1934
- Reconstruction Finance Corporation v. ThomsonSupreme Court of Louisiana · 1936
- In Re Liquidation of Canal Bank & Trust Co.Supreme Court of Louisiana · 1935
- Canal-Commercial Trust & Savings Bank v. New Orleans, T. & M. Ry. Co.Supreme Court of Louisiana · 1926
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Rex Finance Company v. CaryLouisiana Court of Appeal · 1963
- Bank of St. John v. Hibernia Bank & Trust Co.Supreme Court of Louisiana · 1938
- Brock v. Citizens Bank & Trust Co.Supreme Court of Louisiana · 1937
- United States Fidelity & Guaranty Co. v. WellsSupreme Court of Arkansas · 1969
- New Orleans General Agency, Inc. v. BerthelotLouisiana Court of Appeal · 1970
1 more not listed; retrieve them via the Exa API.