Hortman-Salmen Company v. White

Plaintiff is the owner of a promissory note for $23,649.60, secured by a notarial act of mortgage, executed by defendant on July 23, 1927, in favor of plaintiff, on certain real property in New Orleans. The mortgage was recorded on July 28, 1927. A building was erected on the property by defendant in the same year in which the mortgage was executed and recorded. Various liens, growing out of the construction of- the building, were recorded against it and the lot on which it was built.

Plaintiff foreclosed its mortgage, and, after the foreclosure sale, the civil sheriff of the parish of Orleans…