Case Name: State of Louisiana vs. Columbia Debenture Company, Limited
Court: Louisiana Supreme Court
Jurisdiction: Louisiana
Decision Date: 1899-06-22
Citations: 51 La. Ann. 1818
Docket Number: No. 13,062
Parties: State of Louisiana vs. Columbia Debenture Company, Limited.
Judges: Müniíob, J., recused.
Reporter: Louisiana Annual Reports
Volume: 51
Pages: 1818–1819

Head Matter:
No. 13,062.
State of Louisiana vs. Columbia Debenture Company, Limited.
/\ -¡^ APPEAL from the Civil District. Court for the Parish of Or-\J leans. King, -/.
M. J. Cunningham, Attorney General, (F. E. liainold and SHfft and Madison, of Counsel), for the State* of Louisiana and August M. Pen-edict, Liquidator, Plaintiffs and Appellees.
Ernest, T. Floranc.e for the Defendant and Appellant
Argued and submitted May 18, 1899.
Opinion handed down June 22, 1899.
Judgment amended and rehearings refused June 30, 1899.

Opinion:
Tlie opinion of tlie coui't was delivered by Blanchard, J.
On the application for rehearing by Breaux, J.
Blanchard, J.
For the reasons assigned in the oiiinion of the court in t'he case of the State of Louisiana vs. The Louisiana Debenture Company, Limited, No. 13,105 on the docket of the court, and in the case of the State of Louisiana vs. The New Orleans Debenture Company, Limited, No. 13,110 on the docket of the court — this day decided — it is ordered, adjudged and decreed that the judgment appealed from, in so far as the same decrees the nullity and forfeiture of defendant company's charter, he affirmed, and that the said judgment, in so far as it appoints a receiver or liquidator, be reversed, reserving -to the State of Louisiana and all other parties in interest all rights under the law relative to the appointment of a receiver or liquidator to take charge of, liquidate and settle the affairs of said corporation — costs of hoth courts to be borne by defendant.
Müniíob, J., recused.