409 F2d 570 Securities and Exchange Commission v. Affillated Investment Corporation American Bank and Trust Company of Monroe
409 F.2d 570
SECURITIES AND EXCHANGE COMMISSION, Plaintiff,
AFFILLATED INVESTMENT CORPORATION et al., Defendants.
AMERICAN BANK AND TRUST COMPANY OF MONROE, Appellant,
Emile C. TOUPS, as Receiver for Affiliated Investment
United States Court of Appeals Fifth Circuit.
April 23, 1969.
James A. Hobbs, Clifton S. Carl, Jack M. Gordon, New Orleans, La., Jones, Blackwell, Chambliss, Hobbs & Henry, West Monroe, La., for appellant.
Gerald E. Boltz, Robert F. Watson, Thomas W. Mcilheran, Securities & Exchange Commission, Fort Worth, Tex., Charles N. Wooten, Piccione, Piccione & Wooten, Lafayette, La., for appellee.
Before GEWIN, McGOWAN1 and MORGAN, Circuit Judges.
After giving full consideration to the record, the briefs and the contentions of the parties presented on oral argument, it is our opinion that the trial court correctly decided this case. Accordingly, the judgment is affirmed on the basis of the opinion of the District Court, 298 F.Supp. 178 (W.D.La.).
Judge Carl McGowan of the District of Columbia Circuti, sitting by designation