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IN RE STANDARD GENERAL REALTY COMPANY

No. 1649.

168 So.2d 456 (1964)

In re Administration of Money or Property Abandoned or of Unknown Ownership— STANDARD GENERAL REALTY COMPANY, Inc.

Court of Appeal of Louisiana, Fourth Circuit.

November 2, 1964.

Attorney(s) appearing for the Case

Philip P. Spencer, New Orleans, for The Public Administrator, appellee.

John D. Ponder, New Orleans, for absent heirs, appellees.

Dodd, Hirsch, Barker & Meunier, Wilfred H. Boudreaux, New Orleans, for William C. Garrett and Frank B. Wood, Jr., appellants.

SAMUEL, HALL and TURNER, JJ.

SAMUEL, Judge.

The petitioner in this suit, the Public Administrator for the Parish of Orleans, was appointed administrator of the property of Standard General Realty Company, Inc., a corporation allegedly abandoned by its stockholders for more than eight years. In due course the administrator received and accepted an offer made by William C. Garrett and Frank B. Wood to purchase certain real estate, owned by the corporation and located in the Parish of St. Tammany...

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