Prudential Ins. Co. of America v. Guillory

ROGERS, Justice.

This suit involves a contest between two mortgage creditors of Mrs. Armide Guillory over the proceeds of the sale of the mortgaged property.

In February, 1926, Mrs. Armide Guillory, styling herself as the widow of Mentor Dupre, mortgaged her property to the Prudential Insurance Company of America to secure a loan of $3,000.

On February 11, 1930, Mrs. Guillory executed a mortgage on the same property in favor of the Opelousas-St. Landry Bank & Trust Company to secure her two notes amounting to $1,445.25, with 8 per cent, per annum interest and 10 per cent, attorney fees.

The…