Legal Opinion
Allen v. Cochran
Supreme Court of Louisiana
Decided February 1, 1926No. 25841PublishedCited by 27 opinions
1Opinion of the CourtBrtjnot, J.
The plaintiffs were depositors in the Plain Dealing Bank, a banking corporation, domiciled at Plain Dealing, La., and the defendants were the officers and directors of the bank.
The bank failed, and this suit is against its officers and directors for the losses sustained by the plaintiffs as a result of the failure.
The petition charges the defendants with negligence, inefficiency, and omissions of duty in their conduct of the business and affairs of the bank. It alleges that their negligence and omissions of duty enabled the cashier of the bank to embezzle and dissipate its funds, and to wreck…
2Cases cited2 opinions
- Percy v. MillaudonSupreme Court of Louisiana · 1832
- State v. HunsickerSupreme Court of Louisiana · 1922
3Cited by27 opinions
- Louisiana World Exposition v. Federal Insurance CompanyCourt of Appeals for the Fifth Circuit · 1988
- Pritchard v. MyersCourt of Appeals of Maryland · 1938
- Maxey v. Aetna Casualty & Surety CompanyLouisiana Court of Appeal · 1971
- Unimobil 84, Inc. v. SpurneyCourt of Appeals for the Fifth Circuit · 1986
- Wirth v. AlbertSupreme Court of Louisiana · 1932
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