Motor Finance Co. v. Universal Motors, Inc.

LE BLANC, Judge.

The plaintiff, Motors Finance Co., Inc., a Louisiana corporation domiciled in the city of Shreveport, parish of Caddo, alleges that on three different dates in the month of June, 1935, it loaned and advanced to Universal Motors, Inc,, also a Louisiana corporation, domiciled at Leesville in Vernon parish, various' sums of money aggregating the sum of $1,594.67. The first of these loans, made on June 3, 1935, was in the sum of $531.42, to represent which, Universal Motors, Inc., executed its promissory note payable three months after date, secured by a first lien, pledge, and…