Loyd Mercantile Co. v. Long
Supreme Court of Louisiana
Appeal from Thirteenth Judicial District Court, Parish of Rapides; Wilbur Fisk Blackman, Judge. Action by the Loyd Mercantile Company, Limited, against H. F. Long; Woodward, Wight & Co. and another intervening. From an adverse judgment, defendant appeals.
1Opinion of the CourtProvosty, J.
Defendant had been operating a sawmill, and was indebted to plaintiff, a neighboring mercantile concern, for advances in money and supplies for running the mill, when he formed a partnership with one Burnum for continuing the operation of the mill. Shortly thereafter the partnership entered into an agreement with plaintiff by which the output of the mill was to be delivered to plaintiff, and plaintiff was to advance to the partnership $12 thereon per thousand feet, and the price of the lumber, when sold, was to be applied to the reimbursement of the said advance, and any surplus was to be…
2Cited by2 opinions
- Johnson v. Capital City Ford CompanyLouisiana Court of Appeal · 1955
- Allen v. GentryLouisiana Court of Appeal · 1928