Life Ins. Co. of Virginia v. Nolan
Supreme Court of Louisiana
1Opinion of the Court
ROGERS, Justice.
The Life Insurance Company of Virginia sued to foreclose a mortgage against Joseph N. Nolan. The Louisiana National Bank, as a subsequent mortgage holder, intervened in the suit, and alleged that its mortgages primed plaintiff’s mortgage, because plaintiff’s mortgage had perempted for lack of rein scription within the prescribed time. The court below rendered a judgment in favor of intervener, and plaintiff has appealed.
The facts are not disputed. On February 19, 1923, Joseph N. Nolan borrowed $20,000 from the Gulf Finance & Securities Company, and, in order to secure the loan…
2Cases cited12 opinions
- Watson v. BondurantSupreme Court of Louisiana · 1878
- Shepherd v. Orleans Cotton Press Co.Supreme Court of Louisiana · 1847
- John I. Adams & Co. v. DaunisSupreme Court of Louisiana · 1877
- Poutz v. ReggioSupreme Court of Louisiana · 1873
- Rochereau v. DupasseurSupreme Court of Louisiana · 1870
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3Cited by4 opinions
- Federal Deposit Insurance v. McFarlandCourt of Appeals for the Fifth Circuit · 2001
- 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
- Exxon Process & Mechanical Federal Credit Union v. MoncrieffeLouisiana Court of Appeal · 1986
- Vautrain v. NeelLouisiana Court of Appeal · 1935