Morris v. Transtates Petroleum, Inc.

SUMMERS, Justice.

C. L. Morris and E. J. Green, Jr., instituted this suit against Transtates Petroleum, Inc., seeking judgment on a promissory note, interest, attorneys’ fees and recognition of the privilege due on other notes pledged as security. Judgment was rendered on October 23, 1968 in favor of Morris and Green for $35,944.50, plus interest and attorneys’ fees and recognizing plaintiffs’ pledge and privilege. The pledged notes were sold by the sheriff, and the sum of $25,598.39 realized therefrom was applied in partial satisfaction of the principal obligation. Thereafter a writ of fieri…