Calhoun v. David Burk Co.

TALIAFERRO, Judge.

David Burk, a resident of Richland parish, La., was indebted unto plaintiff, Dr. John C. Calhoun, of same residence, for professional services rendered members of his family in an amount in excess of $1,200. Plaintiff was pressing for a settlement of the account, and, in order to satisfy him and avert a suit, Burk delivered to plaintiff as collateral security to the account, eight notes of $100 each, of the David Burk Company, Inc., secured by mortgage on the company’s real estate in Richland parish. This suit was brought by Dr. Calhoun to foreclose the mortgage by ordinary…