State Ex Rel. Louisiana Sav. Bank & Trust Co. v. Board of Sup'rs of Louisiana State University

FOURNET, Justice.

The Louisiana Savings Bank and Trust Company, as the holder and owner for value before maturity of twenty-two 5%% Serial Revenue Bonds, Series “C,” of the Board of Supervisors of the Louisiana State University and Agricultural and Mechanical College, invoked the provisions of Section 13 of the act authorizing the. issuance of said bonds (Act No. 68 of 1934),. seeking to coerce, by way of mandamus, the Board of Supervisors, its chairman; vice-chairman, secretary, and comptroller, to pay the past due interest 'coupons of said bonds and also to pay the bonds and retraining…