Lake Providence Equipment Co. v. Tallulah Production Credit Ass'n

BOLIN, Judge.

Louis Dalfiume appeals suspensively from a decision holding a promissory note owned by him had prescribed.

The present appeal involves one of many questions raised by three suits, consolidated for trial, which revolved around a judicial sale of four tracts of land and the subsequent ranking of creditors in the distribution of the sale proceeds. The lower court declared the sale valid and this issue is no longer contested. There remains only the question of whether one promissory note has prescribed. Appellant urges the lower court erred in holding certain instruments executed by…