Legal Opinion
Exxon Process & Mechanical Federal Credit Union v. Moncrieffe
Louisiana Court of Appeal
Decided November 12, 1986No. 85 CA 0905PublishedCited by 3 opinions
1Opinion of the Court
SHORTESS, Judge.
Exxon Process & Mechanical Federal Credit Union (plaintiff) brings this appeal from a summary judgment dismissing its suit against Nathaniel Sowell and Suzie Mae Burrett Sowell (the Sowells). On August 14,1971, Peter Moncrieffe and Brenda Spencer Moncrieffe (the Moncrieffes) granted plaintiff a collateral mortgage on a lot owned by them in Baton Rouge. The mortgage was recorded on August 18, 1971. In 1977, plaintiff loaned a sum of money ($6,300.00) to the Moncrieffes with the mortgage as security. The Mon-crieffes sold the property in question to the Sowells by an act of sale…
2Cases cited5 opinions
- Shepherd v. Orleans Cotton Press Co.Supreme Court of Louisiana · 1847
- Life Ins. Co. of Virginia v. NolanSupreme Court of Louisiana · 1935
- Poutz v. ReggioSupreme Court of Louisiana · 1873
- Sauvinet v. LandreauxSupreme Court of Louisiana · 1846
- Hart v. CafferySupreme Court of Louisiana · 1887
3Cited by3 opinions
- Federal Deposit Insurance v. McFarlandCourt of Appeals for the Fifth Circuit · 2001
- Banks v. StateDistrict Court of Appeal of Florida · 1987
- Federal Deposit Insurance Corp. v. Rory S. McFarland Texaco, Inc., Defendant-Third Party v. Premier Venture Capital Corp. David L. Jump, Third Party v. Dennis Joslin Co., L.L.C., Movant-AppellantCourt of Appeals for the Third Circuit · 2001