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MILBURN v. PROCTOR TRUST CO.

No. 91.

32 F.Supp. 635 (1940)

MILBURN v. PROCTOR TRUST CO. et al.

District Court, W. D. Louisiana, Alexandria Division.

April 15, 1940.

Attorney(s) appearing for the Case

James W. Hopkins, of New Orleans, La., for plaintiff.

Camden K. Staples, of Alexandria, La., for defendant Proctor Trust Co.

Wise, Randolph, Rendall & Freyer, of Shreveport, La., and T. L. Foster, of Dallas, Tex., for defendant Sun Oil Co.

PORTERIE, District Judge.

On July 1, 1925, William Columbus Milburn mortgaged, by authentic act, the following property as security for the payment of a loan of $8,500, with the stipulation in case of default in the payment of any of the principal, represented by one note, or of the annual interest notes at maturity, or of the taxes when due, the whole amount should become immediately payable; the property securing the payment of the mortgage to be seized and sold...

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