Wilson v. William Badeaux Co.

Plaintiff in this proceeding sought to foreclose, via ordinaria, a chattel mortgage dated November 18, 1929, given, in security for a note for $2,000 executed, by the defendant corporation as collateral security for an indebtedness due plaintiff in the sum of $1,350.47, with 6 per cent interest from November 18, 1929, and 10 per cent attorney’s fees. The defendant corporation, through its receiver, who had been appointed by the civil district court about four months later, or April 1/ 1930, answered, admitting the execution of the mortgage, but attacking same as an unfair, illegal, and…