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In Re Canal Bank & Trust Co.
1937 La. App. LEXIS 199
| La. Ct. App. | 1937
|
Check Treatment

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.

Case Details

Case Name: In Re Canal Bank & Trust Co.
Court Name: Louisiana Court of Appeal
Date Published: May 3, 1937
Citation: 1937 La. App. LEXIS 199
Docket Number: No. 15051.
Court Abbreviation: La. Ct. App.
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