Case Name: In re CANAL BANK & TRUST COMPANY in Liquidation, Plaintiff and Appellant. Intervention of E. C. PALMER & COMPANY, Limited, Intervener and Appellee
Court: Louisiana Court of Appeal
Jurisdiction: Louisiana
Decision Date: 1935-06-24
Citations: 162 So. 83
Docket Number: No. 14824
Parties: In re CANAL BANK & TRUST COMPANY in Liquidation, Plaintiff and Appellant. Intervention of E. C. PALMER & COMPANY, Limited, Intervener and Appellee.
Judges: 
Reporter: Southern Reporter
Volume: 162
Pages: 83–83

Head Matter:
In re CANAL BANK & TRUST COMPANY in Liquidation, Plaintiff and Appellant. Intervention of E. C. PALMER & COMPANY, Limited, Intervener and Appellee.
No. 14824.
Court of Appeal of Louisiana. Orleans.
June 24, 1935.
For former opinion, see 154 So. 498.
Dufour, St. Paul, Levy & Miceli, of New Orleans (Rene J. Waguespack, of New Orleans, of counsel), for appellant.
Henican & Carriere, of New Orleans, for appellee.

Opinion:
PER CURIAM.
Intervener, E. C. Palmer & Co., Limited, seeks in this proceeding to be recognized as a privileged creditor in the sum of $327.60, invoking the provisions of Act No. 63 of 1926. There was judgment below in favor of E. C. Palmer & Co., Limited, recognizing a privilege in the amount set forth.
An appeal was taken to this court by Canal Bank & Trust Company in liquidation, and, on May 7, 1934, the decree of the lower court was affirmed. Thereafter, on the 4th day of February, 1935, the Supreme Court, in its decision in Re Liquidation of Canal Bank & Trust Co. (Intervention of John F. Clark & Co.), 181 La. 856, 160 So. 609, a case which cannot be distinguished in principle from the present one, held that no privilege existed in similar circumstances.
Therefore, it is ordered, adjudged, and decreed that the decree rendered by us on the 7th day of May, 1934, be and it is recalled and annulled; and it is now ordered, adjudged, and decreed that the judgment of the district court be annulled, avoided, and reversed.
It is further ordered, adjudged, and decreed that there be judgment herein in favor of E. C. Palmer & Co., Limited, inter-vener, and against J. S. Brock, state banking commissioner, through Harry G. Thompson, his special agent, in charge of Canal Bank & Trust Company in Liquidation, in the full sum of $327.60, recognizing-the intervener as an ordinary creditor, to be paid in due course of the administration of the liquidation proceeding; intervener to pay the costs of appeal.
Original decree recalled; judgment of trial court reversed.