Couret v. Conner
Mississippi Supreme Court
Appeal from the chancery court of Adams county. Hon. B. W. Cutbeb, Chancellor. Suit by John F. Couret and others, trustees for the stockholders of the Canal Louisana Bank & Trust Company, against L. PI. Connor and others, receivers of the First Natchez Bank. From a judgment for defendants, plaintiffs appeal. The facts are fully stated in the opinion of the court.
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Appeal from the chancery court of Adams county. Hon. B. W. Cutbeb, Chancellor. Suit by John F. Couret and others, trustees for the stockholders of the Canal Louisana Bank & Trust Company, against L. PI. Connor and others, receivers of the First Natchez Bank. From a judgment for defendants, plaintiffs appeal. The facts are fully stated in the opinion of the court. The First Natchez Bank, being the holder of all the notes of the Tensas River Planting Company secured by vendor’s lien on land in Louisana and having assigned or pledged three of them to secure its. own debt could not, with these…
1DissentEthridge, J.
I am unable to concur in that part of the' opinion of the majority which holds that 'the appellants were entitled to preference as to the notes held by them as collateral security to secure a debt due the appellants by the First Natchez Bank. It appears that *394the First Natchez B'ank was indebted to the Canal Louisiana Bank & Trust Company in the sum of one hundred and twenty-five thousand dollars, represented by five promissory notes of twenty-five thousand dollars each, secured by certain collateral, among which were three unsecured notes of the Ellen Green Company in favor of the First…
2Cases cited16 opinions
- Hart v. Livermore Foundry & Machine Co.Mississippi Supreme Court · 1895
- Bank of Louisiana v. WilliamsMississippi Supreme Court · 1872
- Emanuel v. WhiteMississippi Supreme Court · 1857
- Harrison v. Pike Bros. & Co.Mississippi Supreme Court · 1873
- Pugh v. HoltMississippi Supreme Court · 1854
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