Legal Opinion

Bank of Commerce & Trust Co. v. Brown Cotton Oil Co.

Supreme Court of Louisiana

Decided March 30, 1931No. 27937Published

1Opinion

On Rehearing.

ROGERS, J.

The sole question on rehearing is whether the privilege of appellant Harrington is superior to the privilege of appellee Bank of Commerce & Trust Company on the cottonseed products sequestered herein. Appellant’s privilege is for four months’ salary amounting to $850 earned as an employee of the Brown Cotton Oil Company, Inc. Appellee’s privilege arises under negotiable warehouse receipts which it holds as pledgee to secure an indebtedness due by the Brown Cotton Oil Company, Inc.

Appellant admits that if the appellee bank had retained the original receipts his privilege…

2Cases cited2 opinions

  1. New York Security & Trust Co. v. LipmanNew York Court of Appeals · 1899
  2. Boas v. De Pue Warehouse Co.California Court of Appeal · 1924

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