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COLEMAN v. LA SALLE CREOSOTING COMPANY

No. 230.

129 So.2d 311 (1961)

James E. COLEMAN, Plaintiff-Appellee, v. LA SALLE CREOSOTING COMPANY, Inc Defendant-Appellant.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied May 9, 1961.

Attorney(s) appearing for the Case

Ward-Steinman & Crenshaw, by Irving Ward-Steinman, Alexandria, for defendant-appellant.

Gaharan & Richey, by L. W. Richey, Jena, for plaintiff-appellee.

Before TATE, FRUGE and CULPEPPER, JJ.

FRUGÉ, Judge.

This suit was instituted by James E. Coleman, owner of four shares of stock in the defendant corporation, to appoint a receiver for the corporation per LSA-R.S. 12:752(11). LSA-R.S. Section 752 provides the grounds for appointment of a receiver. It provides that:

"All district courts may appoint receivers to take charge of the property of corporations, and of the property of foreign corporations actually located herein under the following...

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