Citizens' Bank v. James
Supreme Court of Louisiana
Appeal from the Thirteenth Judicial District Court, parish of Tensas. Sough, J.
1Opinion of the CourtMorgan, J.
Joshua James was indebted to the plaintiffs in a sum exceeding $109,000, of which $61,489 were due, on account of arreared installments and interest, and the balance, $47,620, in Ilia stock note due on the first of April, 1867. To secure this debt, his plantation was-mortgaged to the bank.
*265On the twelfth of March, 1867, the bank made an arrangement with Clarence L. James, through his father Joshua James (whose authority as agent is not disputed), by which the bank agreed to foreclose the mortgage against the plantation, and to bid thereon $55,000, and if purchased by it, to sell the same back…
2Cited by7 opinions
- American Guaranty Co. v. Sunset Realty & Planting Co.Supreme Court of Louisiana · 1944
- Girault v. FeuchtSupreme Court of Louisiana · 1906
- Pratt v. McCoySupreme Court of Louisiana · 1911
- Davis v. LacazeSupreme Court of Louisiana · 1935
- Grace v. EisenhuthLouisiana Court of Appeal · 1933
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