Union Bank of Louisiana v. Bowman
Supreme Court of Louisiana
from the District Court of the parish of East Feliciana, Sterling, J. The bank being a stranger to the contract between Qanjle and the defendant the consideration of that contract as to her were res inter alios acta, and she cannot be affected by any of the equities that may exist between the parties to the contract.
Read the full summary
from the District Court of the parish of East Feliciana, Sterling, J. The bank being a stranger to the contract between Qanjle and the defendant the consideration of that contract as to her were res inter alios acta, and she cannot be affected by any of the equities that may exist between the parties to the contract. In support of this proposition the plaintiff relies on the case of Amoue v, Dacern et al. in the 18 La. p. 42, and the case of Lejeune v. Herbert, 4 An. 60. In the first case the defendants had assumed to pay to the plaintiffs the promi-sory notes of their vendor, and they…
1Opinion of the CourtSlidell, C. J.
In 1833, Gayle and Wife became stockholders of the Union Bank to the amount of forty-eight shares, mortgaged therefor certain lands and slaves, and availed themselves of the credit allowed by the charter by obtaining a loan, for which a bond in the usual form was given. In 1834, Gayle and Wife sold the land and shares of stock to Bowman for $5,284. Bowman gave his notes for $3000, and for the residue of the price, assumed the payment of the debt to the bank. He paid two instalments in 1835 and 1836, leaving a balance due with interest, for which, the bank now asks that the land be sold, and…
2Cases cited1 opinion
- Arnous v. DavernSupreme Court of Louisiana · 1841
3Cited by11 opinions
- Shaw Constructors, Cross-Appellee v. Icf Kaiser Engineers, Inc., Pcs Nitrogen Fertilizer, L.P.Court of Appeals for the Fifth Circuit · 2004
- Moriarty v. WeissSupreme Court of Louisiana · 1939
- Merco Manufacturing, Inc. v. J. P. McMichael Construction Co.District Court, W.D. Louisiana · 1974
- Freedman v. RatcliffSupreme Court of Louisiana · 1935
- Pace v. RizzutoLouisiana Court of Appeal · 1966
6 more not listed; retrieve them via the Exa API.