Legal Opinion
Bollich v. Louisiana Bank & Trust Co.
Louisiana Court of Appeal
Decided December 13, 1972No. 4011PublishedCited by 4 opinions
1Opinion of the Court
CULPEPPER, Judge.
Plaintiffs sued for payment of a draft in the sum of $32,324.30 drawn for the purchase of plaintiff’s rice crop. Defendants are the bank, through which the draft was payable, and the bank’s president. Plaintiffs dismissed their suit against the president. Judgment on the merits was rendered for the defendant bank. Plaintiffs appealed.
The substantial issues are: (1) Is the defendant bank liable under LSA-R.S. 7 :- 136-137 for failure to return the draft to the holder within 24 hours either accepted or nonaccepted? (2) At the time the defendant bank first received the draft as…
2Cases cited3 opinions
- Mt. Vernon National Bank v. Canby State BankOregon Supreme Court · 1929
- First Nat. Bank v. Citizens' BankSupreme Court of Louisiana · 1927
- First National Bank & Trust Co. v. First National BankCourt of Appeals of Kentucky (pre-1976) · 1935
3Cited by4 opinions
- Felder v. Georgia Pac. Corp.Supreme Court of Louisiana · 1981
- Calcasieu-Marine National Bank of Lake Charles v. American Employers' Insurance Co., Louisiana Bank & Trust Co., Cross v. The Employers Liability Assurance Corp., CrossCourt of Appeals for the Fifth Circuit · 1976
- Calcasieu-Marine National Bank v. American Employers' InsuranceCourt of Appeals for the Fifth Circuit · 1976
- Bollich v. Louisiana Bank & Trust Co.Supreme Court of Louisiana · 1973