Prentiss Tool & Supply Co. v. Godchaux
Court of Appeals for the Fifth Circuit
Appeal from the Circuit Court of the United States for the Eastern District of Louisiana. This was a suit by Leon G-odchaux against the Prentiss Tool & Supply Company and others to enforce a lien upon certain bonds of the Taylor Bros. Iron-Works Company, Limited, and was heard upon tlie cross bill of the Prentiss Tool & Supply Company, the answer thereto, and proofs.
1Opinion of the Court
PARDEE, Circuit Judge.
On the 16th of March, 3892, the Taylor Bros. Iron-Works Company, Limited, a business corporation under the laws of the state of Louisiana, by a resolution, passed by its board of directors, authorized and instructed its president and secretary to cause to be passed and executed an act of mortgage on the real property of the corporation to secure an issue of bonds of the corporation to the amount of $50,000, being a series of bonds from 1 to 50, of $1,000 each, bearing interest at the rate of 6 per cent, per annum, and due at different periods, as in said resolution…
2Cases cited16 opinions
- Merchants' Bank v. State BankSupreme Court of the United States · 1871
- Patterson v. . RobinsonNew York Court of Appeals · 1889
- Mining Co. v. Anglo-Californian BankSupreme Court of the United States · 1881
- Dravo v. FabelSupreme Court of the United States · 1889
- Beals v. Illinois, Missouri & Texas RailroadSupreme Court of the United States · 1890
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- Godfrey L. Cabot, Inc. v. Gas Products Co.Montana Supreme Court · 1933
- Cory v. Hamilton Nat. BankCourt of Appeals for the Sixth Circuit · 1929