Alliance Trust Co. v. Streater

LAND, Justice.

In April, 1933, plaintiff, alleging itself to be a creditor of Winfield S. Streater and the Paggi-Streater Company, Inc., of Calcasieu 'Parish, La., and of J. B. Streater and Charles Paggi, residents of Beaumont, Tex., instituted this suit to recover judgment in solido against its alleged debtors in excess of $6,000, with interest and attorneys’ fees.

Plaintiff also sought to have revoked and set aside a conventional mortgage in the sum of $4,000, executed by Winfield S. Streater upon a lot in the city of Lake Charles on December 16, 1930, to the Standard Bond & Mortgage Company,…