Bank of Winnfield v. Melton

As judgment creditor of defendant, plaintiff sues to annul and cancel an act of mortgage executed by the defendant on December 27, 1930, covering real estate in the parish of Winn, joa., and securing the payment of a promissory note of $10,000, issued-to his order and by him indorsed in blank.

On March 10, 1930, defendant and four other persons executed to the order of plaintiff their promissory note for $15,000, in which each of the makers is bound in solido for the payment of the obligation. The note is stipulated to become due January 1, 1931, and bears interest at 8 per cent, per annum…