The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-18
THE CITIZENS. sAv1Na" HANK.

The anprame Court Declares the APP
pointmant Of Liauidntora Illegal
In the Ruprsma court rcaie,iay, Mr., Juallao
White delivered the following onlnion
No 7kIn state. aS rnl Frnhk Mofay. IT, me
Judge N The Firth District Court,
Tha fslator naakn hr nnndamua nna nynhlhs-
iinn g aanel ,a arantlnI . Ne anannnays hn
auction ef certain real rs'nte nna movnldeH.
the pronnrly 81 thn GnlHenH, Havingu, tsank.
The proceeding tliarnenl by tho record are IA
fnllpWni TN the annnnd nf unahaft tnip H. v.
Hitch flied n rniinn alleging that the nforn-
mentioned oarn,,n'ln,, hah ~ va'ln'ln a., a'ta
which were specifically ENUMERATED, violate
ttn nhntiaf. md prayed frr judgment ,errneiuE
Tho forfeiture VI ieiandan,'a charter and for An
inventory aud the appointment vt lunldntotat
Oh the samn day an pnHwnr waa lIed IN the
name u the defendant DENYING That thn nhnr
lei had heon " la,nh ~, nhml't'nH ths ta"ia
ia the judgment of Tho court 1harenppn. On
Tho anne day. the following order was ron
'Iha foregoing petition. with the snawer and
Tho evidence Herewith submitted. being duly
considered md bring vt nninioh In nonaann,y
RsaaHG e''' anu "'.es ~. o'''N :. ',
miaaInnnrn ~ naid bank. IN thall taking on,ha
md giving bind. each II tho e.im. of slh"or.
conditioned according ~ law. Ii IN further ~
dernd that Octave Notel. notary public. DO tnkn
an inventory ~ tho nennta 81 aaih bank and
that George falrtny and 7 A. lMminala BE-, NJ
pointed appraisers to value tho aRtno and lnt
NIL proceedings againat Raih bank n ts prop
Rrlr ha Hafnh.
Various other procnadnE wrrn had not ueril-
Mant 10 tho rfesai inuutry. and OH tho tanth of
ncpb the eamntaa tonetH applied for author
ity 10 aall rertain tnal csthin mud movable prop
ertY. which waa allowed The ralntnr, allnn lug
and swearing that he Wnn n large atunkhofdar
having MA interest exceeding five hnndrai del
n aas ad sa, s pnf !" ~ w""n "4"
pnnatve APPEAL which being refused. tho MD W
THE iutiedtrtlon wac invoked IL HnFwor ~ HIN
Alternative wiiia tho court II gu1 anya that tho
appeal wRa tnfneed for. In substance. tho fol
1. Brrauna Tho corporation having boon gro
vinunly plnued In liquidation liz the appoint
ment of iiunidatara, Tho order nf Hala wha aim
ply IN not If administration. and. therefore,
not susceptible W being auarnnntvey appealed
j. Ii eatian the renior. hairg II atookl,older
VIVA really II defendant. and could not. hy way
of appeal, fruatnte or delay u previously Of
dsred liquidation
H. Herauae the order Of Rnla waa moi Il nnnl
Judgment. aud not ~ ia'erln,rutory ono from
which trFnparahia injury could result.
4, because II aay Injury could result from tho
order OF rnlp tho teonurHc Of the rclator wan on
the bond W tho liuuiintoFn.
In considering tim auiIlotency Of the rolurn
the inquiry In involved. hrat. aa to tho order of
Hale being MT susceptible st aanapnnava Al
peal Ia consequences 81 It, having basn rem.
dereh M M auxiliary .or anpnlomant ~ y rrn
yiona. decree "f forfeiture md cnnaeunnnt
tory nature ana thn legnl impoeaIhiity Of irrc-
parable injury lowing from It.. We muat. as u
matter pf rcurRe upon the llrHt branch Of tho
Investigation examine tho nrpcnodinEa which
arc referred "a by the nnawar. fer Tho pnrpoao.
not of reviewing thnm. but of dotermntnE
their nature &C. affecting nnrde,r from which
the apnanl wsa prayed aud refused.
10 doing. We conclude. M n matter or fact. |
that no such order ns ono directing tho lluuiaa- |
tion of the atfatrR OF tho corporation VIVA ever |
rendered. True. commissioners wore appoint
cd by the court tn take charge Of thu property |
and aas eta Of the GitiEena Savings ltank. But
must have boon intended aud III legal coniam
platinn, enn only he considered, ia ruatDiians
or quasi judicial stuueatrators III Y. 2htl The
forfeiture Of tho charter was il legal prerGuui. I
site To Its liquidation. aud no such decree annma
TO have henn rendered. Tho order appointing /
the commissioners WAS rendered on the same
day tho petition was nlod : II was not la terms
legally 80 oneratod, aa II wna rendered III cham !
beers and out ~ term. whom the isaua " for |
fnitura tel iaii put IN question Ivy tho an |
swer Bank Va Dawson. ~ w.. bon: IL u. 10, +
A., Ito: A 2cH.l
Taking this view ef tho proceedings tho Rrn-
ona question Ia freed from anroua difficulty |
That n stnckholinr has Rn interest in prevent |
Ing The sale "a tho property, real aud personal,
OF tho corporation by persons having no legal
power or mandate - 10 do. docs not brook dia- |
tNfrssHn. Thnf the saC or the nasnts while tho
corporation Ia vet III being by liuuidRtinrs ~
deneminnted without legal warrant MAY entail
irreparahle trlury. seems equally clear. "a A.. |
reeoursn on tho hand If tho scanning liuuidntots
ia q demonstration Of the right 10 the appeal. |
IL A.. Ans.
The wrtts are n.nda reremptorv with costs.
Pumps 81 eyory description at Al plegates.