STOULIG, Judge.
This appeal taken by the plaintiff from an adverse judgment rendered by the trial court involves the ranking of the rights of pledgees arising under two collateral mortgages executed by the defendant, Algert J. Toups, as security for loans and advances made to him.
The pertinent facts relative to the adjudication of the issue presented may be chronologically stated as follows: On June 16, 1967, Toups executed a collateral mortgage on certain...
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