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In re Canal Bank Trust Co.

Court of Appeal of Louisiana, Orleans
May 3, 1937
174 So. 140 (La. Ct. App. 1937)

Opinion

No. 15051.

May 3, 1937.

Appeal from Civil District Court, Parish of Orleans; Hugh C. Cage, Judge.

Proceeding for liquidation of the Canal Bank Trust Company, in which Chapman H. Hyams III intervened. From a judgment for intervener, the bank appeals.

Reversed, and intervention dismissed.

Dufour, St. Paul, Levy Miceli, Philip E. James, and Rene J. Waguespack, all of New Orleans, for Canal Bank Trust Co.

W.J. Kearney, Jr., of New Orleans, for intervener.


Intervener, on March 1, 1933, deposited in Canal Bank Trust Company a check for $100, for which his account was duly credited, the amount thereof being immediately made available to him. Thereafter, because of the events which are well known, the Canal Bank went into liquidation. He filed this suit seeking a preference, and in the civil district court judgment was rendered in his favor. The Canal Bank Trust Company in liquidation has appealed.

Counsel for both parties have filed with us a statement agreeing that the legal issues presented are the same as those which were found in Re Canal Bank Trust Company in Liquidation (intervention of John F. Clark Co.), 181 La. 856, 160 So. 609, 99 A.L.R. 473, and in that of In re Canal Bank Trust Company in Liquidation (Intervention of Midlo) (La.App.) 172 So. 48, and that, therefore, the judgment appealed from should be reversed.

Accordingly, it is ordered, adjudged, and decreed that the judgment appealed from be, and it is, annulled, avoided, and reversed, and that the intervention of Chapman H. Hyams III be, and it is, hereby, dismissed at his cost.

Reversed.


Summaries of

In re Canal Bank Trust Co.

Court of Appeal of Louisiana, Orleans
May 3, 1937
174 So. 140 (La. Ct. App. 1937)
Case details for

In re Canal Bank Trust Co.

Case Details

Full title:In re CANAL BANK TRUST CO. (HYAMS, Intervener)

Court:Court of Appeal of Louisiana, Orleans

Date published: May 3, 1937

Citations

174 So. 140 (La. Ct. App. 1937)