Southern Bank v. Louisiana National Bank

The Southern Bank, as holder of a large number of interest coupons detached from certain bonds of the city of New Orleans, alleged that the funds resulting from the collection of taxes specially imposed to pay said interest had been deposited in the Louisiana National Bank to the credit of the holders or bearers of such coupons and caused a writ of sequestration to issue against the said funds, claiming to be the owner thereof, and averring an apprehension that the defendant bank would part with or dispose of the same during the pendency of this suit, which is instituted by the Southern Bank…