International City Bank & Trust Co. v. Round Table of Louisiana, Inc.

BLANCHE, Judge.

This is a controversy between two creditors; one is the holder of a conventional mortgage and the other is the holder of a judicial mortgage. Appellee-conventional mortgage holder, International City Bank and Trust Company, is the holder of a note executed by the debtor, The Round Table of Louisiana, Inc. The note was secured by a mortgage in favor of International on file and of record in the office of the Clerk and Recorder of Mortgages in and for the Parish of East Baton Rouge. This mortgage having been executed and duly recorded prior to the creation of the judicial…