Union Bank v. Slidell
Supreme Court of Louisiana
Eastern Dist. APPEAL FROM THE COURT 03? THE FIRST JUDICIAL DISTRICT. Tbis is an action to compel the defendant to give additional security to the Union Bank on four hundred and twenty-eight shares of stock, on the ground that the property mortgaged is insufficient, because of the legal mortgage of the defendant's wife, for the restitution of her dowry, and a donation propter nuptias.
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Eastern Dist. APPEAL FROM THE COURT 03? THE FIRST JUDICIAL DISTRICT. Tbis is an action to compel the defendant to give additional security to the Union Bank on four hundred and twenty-eight shares of stock, on the ground that the property mortgaged is insufficient, because of the legal mortgage of the defendant's wife, for the restitution of her dowry, and a donation propter nuptias. The defendant denied that any tacit or legal mortgage existed on his property, as alleged by the counsel for the bank. The legal mortgages in question, are alleged to result from the following clauses and…
1Opinion of the CourtBullard, J.
■ The defendant having given a mortgage to the Union Bank of Louisiana, as stockholder, engaged, in case the right or title to the property mortgaged, should be deemed insufficient, on account of some defects, or of some tacit mortgage, or if any claim or right of mortgage should be exercised upon the same, that he would furnish other secuties to the satisfaction of the board of directors. The object of the present suit is to require such additional securities, on the allegation, that the plaintiffs have discovered, that by the marriage contract of the defendant, the property in question had…
2Cited by4 opinions
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