Kyle v. Bayou Sale Planting & Drainage Co.
Supreme Court of Louisiana
Appeal from Twenty-Third Judicial District Court, Parish of St. Mary; Thomas M. Milling, Judge. Action by William Kyle against the Bayou Sale Planting & Drainage Company, in which the South Bend Company applied for injunctive relief, which was granted. From this judgment, plaintiff appeals.
1Opinion
On Rehearing.
SOMMERVILLE, J.
The mortgage sought to be foreclosed in this case is for the annual interest due upon one of three notes, aggregating $110,000, secured by mortgage on the property belonging to the South Bend Company, which company has enjoined the *375sale of saicl property on the ground that the interest on said note is payable at the expiration of 10 years, and that the property is not liable to seizure and sale for the interest on said amount for any one year before the maturity of the note. The interest was made payable annually in a corrective act after Pliny I-I. Hardy, the…
2Cases cited1 opinion
- Kyle v. Bayou Salé Planting & Drainage Co.Supreme Court of Louisiana · 1913