Legal Opinion
Security Bank v. Tangipahoa Parish News, Inc.
Supreme Court of Louisiana
Decided November 30, 1931No. 30615PublishedCited by 2 opinions
1Opinion of the CourtLand, J.
On December 17,1928, the Tangipahoa Parish News, Inc., a corporation domiciled in the town of Amite in the parish of Tangipahoa, mortgaged its real estate and buildings, and its newspaper plant, equipment, and good will, to the Security Bank of the Town' of Amite, as security for a loan of $2,500.
This mortgage was filed for record in said parish December 28, 1928, and was recorded January 3, 1929.
On June 24, 1929, the Security Bank obtained executory process in foreclosure of its mortgage, and seized and advertised for sale, on September 14, 1929, all of the property hypothecated to it.
On May…
2Cases cited3 opinions
- Smith Bros. v. Richheimer & Co.Supreme Court of Louisiana · 1919
- Snelling v. HowardThe Superior Court of New York City · 1868
- Mechanics' Bank v. Van ZantSupreme Court of Louisiana · 1919
3Cited by2 opinions
- Mercantile Nat. Bank v. J. Thos. Driscoll, Inc.Supreme Court of Louisiana · 1940
- In Re Vicksburg Bridge & Terminal Co.District Court, S.D. Mississippi · 1937