Halliburton Co. v. Snowden

BOLIN, Judge.

In these consolidated cases plaintiffs, Halliburton Company and The Bovaird Supply Company, foreclosed by executory process their respective mortgages on an undivided one-half working interest in certain oil, gas and mineral leases located in Caddo Parish, Louisiana, and owned by Homer W. Snow-den and his wife.

Prior to the sheriff’s sale Caddo Trust & Savings Bank intervened, claiming a superior mortgage on three of the leases and prayed for separate appraisal of these leases. In response to this intervention the leases were separately appraised and sold to plaintiffs, each…