American Guaranty Co. v. Sunset Realty & Planting Co.

On Rehearing.

HIGGINS, Justice.

The American Guaranty Company, a Delaware corporation with its principal office in Denver, Colorado, instituted two separate actions against Cavil B. Small (a resident of Shreveport, La., its transferee), the Sunset Realty & Planting Company, Inc., (a Louisiana corporation domiciled in the City of New Orleans, Small’s transferee or assignee and alleged subsidiary of the Hibernia Bank & Trust Company, in Liquidation), the Texas Company (a Delaware corporation domiciled at Shreveport, La., the mineral lessee of the Sunset Company and also beneficiary of the…