MEADOW BROOK NAT. BANK v. LAFAYETTE ROYALE APTS.

No. 1724.

187 So.2d 793 (1966)

MEADOW BROOK NATIONAL BANK, Plaintiff and Appellant, v. LAFAYETTE ROYALE APARTMENTS, INC., Defendant and Appellee.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied June 29, 1966.


Attorney(s) appearing for the Case

Monroe & Lemann, by Jerry A. Brown, New Orleans, for plaintiff-appellant.

Domengeaux & Wright, by Bob F. Wright, Lafayette, for defendant-appellee.

Before TATE, HOOD and CULPEPPER, JJ.


CULPEPPER, Judge.

The plaintiff, Meadow Brook National Bank, filed this suit to foreclose by executory process on its mortgage executed by defendant, Lafayette Royale Apartments, Inc. The mortgage is in the principal sum of $1,050,000 and secures a loan to defendant for the construction of a 94-unit apartment building in Lafayette, Louisiana.

Defendant filed a petition to enjoin the seizure and sale, alleging several...

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