Legal Opinion

Guaranty Bank & Trust Co. v. Canal Land & Live Stock Co.

Supreme Court of Louisiana

Decided March 29, 1926No. 27261PublishedCited by 3 opinions

1Opinion of the CourtOverton, J.

This is a suit on a promissory note, made by the Canal Land & Live Stock Company, Inc.-, through its president, W. R. O’Neal, and indorsed for accommodation by said O’Neal and by J. W. Honeycutt. The note is for $3,000, with 8 per cent, per annum interest from April 10, 1924, the date of its maturity, and contains a stipulation for 10 per cent, attorneys’ fees. It is secured by a mortgage note and certain shares of stock. The suit is against the maker and the indorsers in solido, for the amount of the note, including interest and attorneys’ fees.

The maker of the note seems to have made no…

2Cases cited2 opinions

  1. McGuire v. WooldridgeSupreme Court of Louisiana · 1843
  2. Succession of PrattSupreme Court of Louisiana · 1861

3Cited by3 opinions

  1. Deposit Guaranty National Bank v. ShippLouisiana Court of Appeal · 1968
  2. Motors Securities Co. v. Aetna Ins. Co. of HartfordLouisiana Court of Appeal · 1944
  3. Allen Douglass & Co. v. Marine Bank & Trust Co.Louisiana Court of Appeal · 1929

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API