Follain v. Broussard

The facts which gave rise to this controversy are as follows: Nicolas and Edward Le Blanc sold to Charles Fagot a tract of land, on certain terms of credit, and retained a mortgage to secure the payment of three notes taken for the price. *73Suit was brought upon one of these notes, judgment obtained, and the property sold, on the 1st of October, 1842, on a credit of twelve months. It was adjudicated to Balthazar Neuville Declouet, for a sum insufficient to pay the balance of the price.

On the 20th of the same month, a contract was entered into between B. N. Declouet and Fagot, by which the…