PEOPLES LOAN AND INVESTMENT COMPANY v. PRICE

No. 10767.

197 So.2d 363 (1967)

PEOPLES LOAN AND INVESTMENT COMPANY, Inc., Plaintiff-Appellee, v. Pete Benjamin PRICE et ux., Defendants-Appellants.

Court of Appeal of Louisiana, Second Circuit.

March 22, 1967.


Attorney(s) appearing for the Case

George L. Hayes, Jr., Shreveport, for appellants.

Robert G. Pugh, Shreveport, for appellee.

Before HARDY, AYRES and BOLIN, JJ.


HARDY, Judge.

This suit was instituted by plaintiff praying for executory process in satisfaction of a promissory note secured by a mortgage covering a one acre tract of land in Caddo Parish. Defendants petitioned for issuance of an injunction prohibiting the seizure and sale of the property involved. After trial on rule a preliminary injunction was issued whereupon plaintiff converted the action into an ordinary proceeding. Following trial on the merits there was...

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