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· 3/13/1905

State ex rel. McCay v. New Orleans Cotton Exchange

Citations

  • 114 La. 324
  • 38 So. 204
  • 1905 La. LEXIS 463

Syllabus

<p>CORPORATIONS — DUPLICATE STOCK CERTIFICATE —INDEMNITY.</p> <p>Inasmuch as title to a certificate of stock passes by mere delivery, without the necessity of notice to the corporation, and inasmuch as a corporation issuing a duplicate certificate while the original is outstanding might be responsible on both certificates, to bona fide holders, the court should not order the issuance of such duplicate, in place of a lost or mislaid original, without bond being given to hold the corporation harmless against the reappearance of the original in the hands of a bona fide holder, unless, upon the facts, it be reasonably certain that there is no danger of such reappearance.</p> <p>(Syllabus by the Court.)</p>

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • concluding, in the context of a motion for a preliminary injunction, that Mr. Whitaker’s selection as Acting Attorney General did not violate federal law or Appointments Clause
  • explaining that a suit for compensation would adequately remedy the harm done to owners of bump stocks who had the value of their property reduced to zero by the recent bump stock ban
  • rejecting challenges to the Final Rule's interpretations and the ATF's interpretive authority, noting the \ATF's clear authority to interpret and administer\ the relevant statutes
  • \The parties do not dispute that Whitaker satisfies the eligibility criteria in the [Reform Act.]\
  • “Agency-specific statutes like the AG Act were expected to operate alongside the FVRA, not to displace it”
  • “The parties do not dispute that Whitaker satisfies the eligibility criteria in the [Reform Act.]”

Source: CourtListener parenthetical corpus (CC0).

Judges: Monroe, Provosty

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