SFC ACCEPTANCE CORPORATION v. SPAIN

No. 2388.

196 So.2d 626 (1967)

SFC ACCEPTANCE CORPORATION v. John H. SPAIN and Elizabeth Spain.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied April 3, 1967.


Attorney(s) appearing for the Case

Jacob H. Sciambra, John S. Sciambra, New Orleans, for plaintiff-appellee.

Alvin Rudy Eason, Metairie, for defendants-appellants.

Before McBRIDE, BARNETTE and JANVIER, JJ.


McBRIDE, Judge.

Plaintiff, the holder in due course and for value of a certain promissory note for $11,210, signed and executed by defendants, proceed against them to recover the balance of $7473.32 due on the note in principal with interest after maturity at 8% per annum and for 25% attorney's fees, and also for recognition of a vendor's privilege and chattel mortgage upon certain property which secures payment of said note.

The origin of the note is as follows...

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