Liquidators of State Nat. Bank v. Hart
Supreme Court of Louisiana
Appeal from Civil District Court, Parish of Orleans; E. K. Skinner, Judge. Action by the Liquidators of the State National Bank against Samuel J. Hart. From a judgment for plaintiffs, defendant appeals.
1Opinion of the Court
Statement of the Case.
MONROE, J.
Defendant appeals from a judgment rendered against him on a promissory note for $25,000, with interest, less certain credits amounting to $17,500. He filed several exceptions, which were overruled, and which are not here insisted on, after which he answered, admitting that he executed and negotiated the note sued on, but alleging that he pledged 30 first mortgage bonds of the Consumers’ Electric Company, of $1,000 each, to secure payment of the same, and that plaintiffs pretended to sell said bonds on the floor of the Stock Exchange and buy them in at a vile…
2Cases cited2 opinions
- Maryland Fire Insurance v. DalrympleCourt of Appeals of Maryland · 1866
- Albert Hanson Lumber Co. v. Baldwin Lumber Co.Supreme Court of Louisiana · 1911
3Cited by1 opinion
- Shexneider v. Simon Rice Milling Co.Supreme Court of Louisiana · 1919