Bell v. Chicago, St. Louis & New Orleans Railroad
Supreme Court of Louisiana
APPEAL from tlie Fourth District Court for the Parish of Orleans. Houston, J. 1. An assignee without consideration for the assignment, entitled to sue. 10 Martin, 117; 2 R. S. 296 ; 5 Rob. 295; 4 An. 350; 21 An. 732. 2. A judicial mortgage may be enforced by seizure and sale, or hypothecary action. 4 La. 239 ; 12 La. 296 ; 8 An. 460 ; 15 An. 564. 3. The deed of It ust under which defendants resist plaintiff’s claim is invalid, as a Louisiana conveyance or security for debt.…
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APPEAL from tlie Fourth District Court for the Parish of Orleans. Houston, J. 1. An assignee without consideration for the assignment, entitled to sue. 10 Martin, 117; 2 R. S. 296 ; 5 Rob. 295; 4 An. 350; 21 An. 732. 2. A judicial mortgage may be enforced by seizure and sale, or hypothecary action. 4 La. 239 ; 12 La. 296 ; 8 An. 460 ; 15 An. 564. 3. The deed of It ust under which defendants resist plaintiff’s claim is invalid, as a Louisiana conveyance or security for debt. 2 An. 330; 7 An. 413; Thibodauxvs. Anderson, recently decided; and because it contravenes Art. 3302, C. C., and Art.…
1Opinion of the Court
The opinion of the Court was delivered by
Bermudez, C. J.
This is an hypothecary action to enforce the payment of liquidated debts, amounting in capital to some $75,000, alleged to be secured by a judicial mortgage. The defense is, that long prior to the registry of the judgments which plaintiff claims t.o own, the real estate described in the petition liad been mortgaged to secure the payment of a large amount of bonds, ($8,000,000) and that, for some time previous to the same registry, the property had been in custodia legis, under proceedings in, rem, within the possession and control of a…
2Cases cited14 opinions
- Barber v. Barber Ex Rel. CronkhiteSupreme Court of the United States · 1859
- James L. v. CarrylSupreme Court of the United States · 1858
- Galveston Railroad v. CowdreySupreme Court of the United States · 1871
- Pennock v. CoeSupreme Court of the United States · 1860
- Short & Co. v. Trabue & Co.Court of Appeals of Kentucky · 1863
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