Lancaster v. Tri-State Transit Co. of Louisiana, Inc.

LAND, Justice.

The Caddo Transfer & Warehouse Company, Inc., with its principal office in the city of Shreveport, La., was engaged in the carriage of passengers and freight in local, intrastate, and interstate business.

This company was chartered June 3, 1914, W. H. Johnson, one of the defendants in this suit, being the principal stockholder and president.

On March 1, 1928, the Caddo Transfer & Warehouse Company, Inc., organized the TriState Transit Company of Louisiana, Inc., to carry on its passenger or “bus business,” transferring to the new corporation all of the assets with which it was to…