Legal Opinion
Smith v. Succession of Johnson
Louisiana Court of Appeal
Decided April 4, 1966No. 6625PublishedCited by 2 opinions
1Opinion of the Court
BAILES, Judge.
On August 11, 1961, Lawrence P. Smith, plaintiff-appellee, and Leo O. Johnson, now deceased, entered into an act of exchange of certain property located in Orleans, Tangipahoa and St. Tammany parishes. As *604the property received by Johnson was of greater value than the property assigned to Smith, in order to equalize the disparity of values Mr. Johnson transferred to Mr. Smith certain promissory notes described therein made and executed by various parties, ownership of which was acquired by Johnson in previous transactions. These notes were secured by mortgages of inferior rank on…
2Cases cited5 opinions
- Davies v. BierceSupreme Court of Louisiana · 1905
- Harnischfeger Sale Corporation v. Sternberg Co.Supreme Court of Louisiana · 1934
- Colorado Milling & Elevator Co. v. Rapides Grocery Co.Louisiana Court of Appeal · 1932
- Segari v. UchelloLouisiana Court of Appeal · 1950
- Talmadge v. West Orleans Beach Corp.Louisiana Court of Appeal · 1931
3Cited by2 opinions
- Stanley v. Orkin Exterminating Co., Inc.Louisiana Court of Appeal · 1978
- Smith v. Succession of JohnsonSupreme Court of Louisiana · 1966