Gajan v. Patout
Supreme Court of Louisiana
Appeal from the Twenty-Third Judicial District Court, Parish of St. Mary; W. R. Gates, Judge ad hoc. Action by Emile Gajan and others against Patout & Burguieres, in which the L. P. Patout Company, Limited, and also the Liquidators of the State National Bank of New Orleans, filed Interventions and Third Oppositions. Judgment for the liquidators of the State National Bank, and L. P. Patout Company, Limited, alone appeals.
1Opinion of the Court
Statement of the Case.
MONROE, J.
On February 23, 1906, Mrs. (Widow) L. P. Patout and L. J. Burguieres, individually and on behalf of the firm of Patout & Burguieres, of which they constituted the membership, executed a notarial act of mortgage and pledge upon their interest in Vacherie plantation, in the parish of St. Mary, to secure the payment of a note for $50,000 made by them, of even date with the act, identified therewith, payable to their order on February 1, 1907, and by them indorsed in blank, which note was given as representing the indebtedness of the makers for money loaned to…
2Cases cited2 opinions
- American National Bank v. ChildsSupreme Court of Louisiana · 1897
- Lockhart v. MoreySupreme Court of Louisiana · 1889
3Cited by2 opinions
- Gajan v. Patout & BurguieresSupreme Court of Louisiana · 1914
- Hollingsworth v. RatcliffSupreme Court of Louisiana · 1926