Davis-Delcambre Motors, Inc. v. Simon

HAMLIN, Justice.

In the exercise of our supervisory jurisdiction (Art. VII, Sec. 11, LSA-Const. of 1921) we directed certiorari to the Court of Appeal, Third Circuit, in order that we might review its judgment which reversed a judgment of the trial court and held invalid because of lack of consideration a promissory note which constitutes the basis of this suit. 245 La. 72, 156 So.2d 607; 154 So.2d 775.

*554Plaintiff, alleging itself to be the holder and owner in due course of business of a ninety day promissory note made by the defendant, dated June 14, 1957, in the sum of $300.00, payable to the…