Hart Land & Improvement Co. v. Odd Fellows Hall Ass'n
Supreme Court of Louisiana
Appeal from Civil District Court, Parish of Orleans; E. K. Skinner, Judge. Proceeding by the Hart Land & Improvement Company and others for the liquidation 'of the Odd Fellows Hall Association. From a judgment ordering Adolpli Dumser, purchaser at a judicial sale, to take title, he, appeals.
1Opinion of the CourtProvosty, J.
Certain stockholders of the defendant corporation applied to the *489court for the appointment of a receiver to take charge of its affairs, liquidate same, and distribute the assets. The appointment was made, and, in due course, the real estate, consisting of certain vacant city lots, was adjudicated at public auction. The adjudicatee, fearing the receivership proceedings might be invalid, refused to accept title, and has appealed from a judgment ordering him to do so.
The corporation owes no debts. Its assets consist of said lots and cash in bank. The charter makes no provision for liquidation.…
2Cases cited1 opinion
- Vasquez v. Metropolitan Bldg. Co.Supreme Court of Louisiana · 1914