City Bank of New Orleans v. Banks

The judgment of the court was pronounced by

Eustis, C. J.

This suit, as now before us on the appeal, is pending between the plaintiffs and Thomas Banks and his wife, and was instituted on a bond, or obligation, made by the defendants, on the 30th of June, 1837, for the sum of $55,000. It was given in consideration of a loan made by the plaintiffs to the defendants, and bore a mortgage on property in the city known as Banks’ Arcade. The prayer of the petitioners was, that the parties be'condemned to pay, in solido, the amount of the bond, and interest until paid, with a special mortgage on the…