Citizens Bank v. Miller

The opinion of the court was delivered by

McEnery, J.

The Citizens Bank owned a stock mortgage on Point Pleasant plantation in Concordia parish, placed on it by David E. Miller, owner, in 1838. In 1879, O. N. Wilds and A. G. Ober sold this plantation to the Excelsior Planting and Manufacturing Company, which corporation executed a mortgage in favor of the vendors. The property went into the possession of the corporation with the bank’s mortgage resting upon it. Tne Citizens Bank foreclosed its mortgage. The Excelsior Planting and Manufacturing Company as third possessors of said property filed…