Legal Opinion

In Re Liquidation of Canal Bank & Trust Co.

Supreme Court of Louisiana

Decided February 4, 1935No. 32606PublishedCited by 25 opinions

1Opinion of the Court

HIGGINS, Justice.

On June 30, 1933, John F. Clark & Co. filed a petition of intervention in the liquidation proceedings of the Canal Bank & Trust Company, which had been, taken charge of by the state banking commissioner under the provisions of Act No. 300 of 1910, claiming that it was entitled to be paid the sum of $3,499.98, representing the proceeds of three drafts drawn on out of town banks, by preference and priority ove'r all other creditors of the bank, and a lien and privilege on all of the assets of the bank, by virtue of the provisions of Act No. 63 of the Legislature of 1926.

The…

2Cases cited40 opinions

  1. Burton v. United StatesSupreme Court of the United States · 1905
  2. Davis v. Elmira Savings BankSupreme Court of the United States · 1896
  3. Bank of the Republic v. MillardSupreme Court of the United States · 1870
  4. Cragie v. . HadleyNew York Court of Appeals · 1885
  5. Marine Bank v. Fulton BankSupreme Court of the United States · 1865

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3Cited by25 opinions

  1. Schwegmann v. SchwegmannLouisiana Court of Appeal · 1983
  2. In Re Hibernia Bank & Trust Co.Supreme Court of Louisiana · 1936
  3. Dauzat v. Simmesport State BankLouisiana Court of Appeal · 1964
  4. In Re Interstate Trust & Banking Co.Supreme Court of Louisiana · 1937
  5. City of Alexandria v. ShevninSupreme Court of Louisiana · 1961

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