Legal Opinion · Dissent

In Re Interstate Trust & Banking Company

Supreme Court of Louisiana

Decided November 10, 1958No. 43751Published

1DissentFournet, Chief Justice

It is my opinion that the .attorneys who seek redress here are entitled to receive a reasonable compensation for the services they have rendered in making available to all depositors and creditors of the old Interstate Trust & Banking Company the sum of $728,281.01, as legal interest on those frozen balances in the bank at the time it- was closed and placed in liquidation that remained to be distributed under the final account of the liquidator, and which constituted approximately seventeen and a half per cent of the original frozen deposits.

In the lower court the Bank Commissioner alone…

2Cases cited1 opinion

  1. In re Interstate Trust & Banking Co.Supreme Court of Louisiana · 1953

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