Lehman, Abraham & Co. v. Godberry

The opinion of the Court was delivered by

Watkins, J.

This is a third opposition, in which Emile Legendre, a junior mortgage creditor of the defendant, James Godberry, seeks to regulate the distribution of the proceeds of the sale of the Terre Haute plantation, in satisfaction of the first mortgage of plaintiffs for the sum of $^§^58.00, and of his own for $60,000.00. His claim is that the amount of plaintiffs’ demand against Godberry is excessive and should be reduced to $15,400.58, and that when a sufficient amount of the proceeds of sale of the mortgaged property has been applied to…