Greater New Orleans Homestead Ass'n v. Bell

PONDER, Justice.

The Greater New. Orleans Homestead Association instituted foreclosure proceedings via executiva on January 6,. 1944 on a mortgage, importing a confession of judgment, on a lot of ground, situated in the City of New Orleans, given to-secure the payment of a promissory note-signed by Georgia Bell, widow of Joseph Monroe. Notice of demand of payment was served on Georgia Bell on January 17, 1944. No other steps were taken in the-proceedings until June 13, 1949, more than five years from the date on which the demand for payment was made, at which time-the sheriff served notice of…