American Homestead Co. v. Zemurray

ODOM, Justice.

The American Homestead Company, the plaintiff, and Samuel Zemurray, the defendant, each claims to own a small parcel of ground in the City of New Orleans, described as “Grove No. Twenty-four in Section Three, situated in the Subdivision of Land of the New Orleans Lake Shore Land Company”.

Plaintiff acquired the property originally from Jacob Israel on August 29, 1927. On the same day it sold the same property to Peter Stankoffich and retained a vendor’s lien and mortgage thereon for $5,000. Stankoffich then sold to Dudley Morlier, the consideration for the sale being the…