Legal Opinion

Hibernia Bank & Trust Co. v. Dresser

Supreme Court of Louisiana

Decided June 4, 1912No. 19,329PublishedCited by 10 opinions

Appeal from Civil District Court, Parish of Orleans; Porter Parker, Judge. Action by the Hibernia Bank & Trust Company against John M. Dresser. From a judgment for plaintiff, defendant appeals.

1Opinion of the CourtLand, J.

This is a suit on a note dated March 17, 1911, for $60,000, to the order of the plaintiff, signed by the “Southern Gravel & Material Company, by J. M. Dresser, Pres.,” and indorsed on the reverse as follows:

“Secured by mortgage note of Southern Gravel & Material Company for $100,000, dated 3/17/11, due on or before three years from date.
“J. M. Dresser.
“Geo. W. Neal.”

The note thus indorsed was delivered to the plaintiff.

Under a special stipulation embodied in the note, it became due on December 26, 1911, by reason of the failure of the maker to furnish additional satisfactory securities on…

2Cases cited2 opinions

  1. Pugh v. SampleSupreme Court of Louisiana · 1909
  2. Hackley State Bank v. MageeSupreme Court of Louisiana · 1911

3Cited by10 opinions

  1. Bonart v. RabitoSupreme Court of Louisiana · 1917
  2. Farmers' & Merchants' Bank v. DaviesSupreme Court of Louisiana · 1919
  3. Barrett v. Vaughan & Co.Supreme Court of Virginia · 1935
  4. City National Bank v. AdamsMassachusetts Supreme Judicial Court · 1929
  5. Achee v. WilliamsLouisiana Court of Appeal · 1927

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