Leigh v. Wright

ODOM, Justice.

Plaintiff, trustee for the .bankrupt estate of Dr. C. H. Moseley, has appealed from a judgment dismissing his suit on exception •of no cause of action.

The facts disclosed by the petition are that the Riverside Sanitarium, Inc., a Louisiana corporation organized on August 1, 1925, purchased on that date from the Monroe Building'& Loan Association certain real estate for which it agreed to pay :$50,000, evidenced by one principal note for that amount to be paid in monthly •installments of $583.35. The building and loan association retained the usual vendor’s lien and special…