Beasley v. Martin

PRICE, Judge.

Plaintiff perfected this devolutive appeal from the judgment of the trial court rejecting his demands for a money judgment for the balance due on a real estate mortgage note, and for recognition of his lien and privilege on the property mortgaged. Defendants deny any obligation exists under the mortgage note sued on, contending it was executed by them solely for collateral to secure an open note which has been paid.

The facts giving rise to this litigation are briefly as follows:

James R. Beasley, through his sales representative, negotiated with defendants to perform certain…