Spence & Goldstein v. Clay

This is a suit to enforce a mortgage via ordinaria upon property belonging to minors. The defense is that the money was borrowed for speculative purposes and the minors are not bound. R. C. C. arts. 339, 340, authorizes the mortgage of minor’s property on the advice of a family meeting. Act No. 110 of 1920 (Cf. Act No. 319 of 1926) authorizes the judge having jurisdiction over the minors to act for said minors in any matter whatsoever without the advice of a family meeting, whenever the 'tutor shall lay before him in detail what he proposes to do on behalf of said minors, and the undertutor…