SALSUL COMPANY v. KOHLMEYER

No. 7155.

325 So.2d 858 (1976)

SALSUL COMPANY v. Herman S. KOHLMEYER et al.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied February 10, 1976.

Writ Refused April 20, 1976.


Attorney(s) appearing for the Case

Breazeale, Sachse & Wilson, Victor A. Sachse, Frank P. Simoneaux, Baton Rouge, and Flanders & Flanders, Dudley D. Flanders, New Orleans, for plaintiff-appellant.

Stone, Pigman, Walther, Wittman & Hutchinson, Campbell C. Hutchinson, III, New Orleans, for the "Odence Group", Charles L. Odence, Robert H. Kremer, Thomas L. Duffy, Charles L. Friedlaender, Thomas P. Cahillane, Jason M. Elsas, Elie S. Shashoua, Thomas S. Snedeker, Larrie A. Weil, Robert R. Rust and Ronald E. Erickson, defendants-appellees.

Deutsch, Kerrigan & Stiles, Robert G. Stassi, New Orleans, for Alden H. Vose, Jr. and the Estate of Charles B. Vose, through Alden H. Vose, Jr. and Marco F. Savorese, defendants-appellees.

Reynolds, Nelson & Theriot, John C. Reynolds, New York City, for Howard Fisher, E. Herman Heiman and William Perry Brown, Sr., defendants-appellees.

Monroe & Lemann, Walter J. Suthon, III, New Orleans, for Morris W. Newman and Robert J. Newman, defendants-appellees.

McCloskey, Dennery & Page, John M. Page, New Orleans, for Eugene L. Mauro, defendant-appellee.

Charles E. Richards, Jr., New Orleans, for Cecil G. Murdock, Jr. and Dennis C. Campo, defendants-appellees.

Jesse S. Guillot, New Orleans, curator for William Perry Brown, defendant-appellee.

Bronfin, Heller, Feldman & Steinberg, Martin L. C. Feldman, New Orleans, for The "Kohlmeyer Group", Sam Cahn, Robert R. Wolf, Edgar L. Braud, Walter D. Kingston, Jr., Herman S. Kohlmeyer, Sr., Herman S. Kohlmeyer, Jr., Kohlmeyer Company, Albert Meric and Leon E. Newman, defendants-appellees.

Before GULOTTA, BOUTALL and MORIAL, JJ.


GULOTTA, Judge.

This is a suit against the general partners of Kohlmeyer & Co. by an assignee of an alleged partner in commendam of Kohlmeyer. The partnership is in liquidation. Plaintiff alleges that the general partners had contracted in the partnership agreement to satisfy the creditors of the partnership from their own personal and partnership assets before any of the securities placed by the partners in commendam could be sold. According to Salsul, the general...

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