THORNTON & BROOKS, INC. v. BROOKS

No. 10293.

170 So.2d 190 (1964)

THORNTON & BROOKS, INC., Plaintiff-Appellee, v. Mrs. Louise L. BROOKS, Defendant-Appellant.

Court of Appeal of Louisiana, Second Circuit.

Rehearing Denied January 7, 1965.


Attorney(s) appearing for the Case

Cook, Clark, Egan, Yancey & King, Shreveport, for appellant.

Gordon B. Golsan, Jr., Mansfield, Booth, Lockard, Jack, Pleasant & LeSage, Shreveport, for appellee.

Before GLADNEY, AYRES, and BOLIN, JJ.


AYRES, Judge.

By this action plaintiff corporation seeks to recover the sum of $8,906.75 withdrawn from its bank account by defendant. Although defendant, as a former officer and as a principal stockholder of the corporation, possessed the authority to withdraw corporate funds from its bank accounts, it is contended this particular withdrawal was unauthorized inasmuch as immediately preceding the withdrawal defendant had sold her stock in the corporation and had resigned...

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