Airey v. Tugwell

ODOM, Justice.

The Gulf and Bayou Cook Oyster Company, Ltd., a Louisiana corporation, now in the hands of receivers, acquired 840.96 acres of land on May 17, 1890, the land being in the Parish of Plaquemines. The ownership of the land passed from the corporation to others later, but was reacquired by it on June 20, 1900. On June 19, 1915, the property was adjudicated to the State of Louisiana for the unpaid taxes for the year 1914. No attempt was made by the corporation to redeem the property until December 27, 1938. On that date the receivers of the corporation, for the purpose of redeeming…