Vallaire v. Lee

WARD, Judge.

This action arose when Mr. M.E. Vallaire initiated executory process to foreclose on a $20,000.00 promissory note secured by a second mortgage. Miss Dorothy S. Lee answered and asked for a preliminary injunction to stop the seizure and sale of the mortgaged property, her home. Mr. Val-laire does not claim to be a holder in due course; he is merely a transferee of the note, and he has instituted this lawsuit for the convenience of his friend, the original holder of the note, Bernard Leehans, Jr., for reasons that became obvious in the trial of this lawsuit.

The suit was tried on…