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ALISON MTG. INV. TR. v. COMMERCIAL LEAS & FIN. CO., INC.

No. 5537.

334 So.2d 705 (1976)

ALISON MORTGAGE INVESTMENT TRUST, Plaintiff-Appellee, v. COMMERCIAL LEASING AND FINANCING CO., INC., et al., Defendants-Appellants.

Court of Appeal of Louisiana, Third Circuit.

July 6, 1976.

Attorney(s) appearing for the Case

Harold Savoie, Lafayette, for defendants-appellants.

Martin & Leonard by James R. Leonard, Lafayette, for defendants-appellees.

Breazeale, Sachse & Wilson by Frank P. Simoneaux, Baton Rouge, for plaintiff-appellee.

Charles N. Wooten, George J. Champagne, Jr., Lafayette, for exceptors-appellees.

Davidson, Meaux, Onebane & Donohoe by William H. Lambert, Lafayette, for Int-appellee.

Before HOOD, WATSON and PETERS, J.

HOOD, Judge.

Plaintiff, Alison Mortgage Investment Trust, instituted this proceeding by executory process seeking to foreclose on a mortgage affecting immovable property in Lafayette Parish. The defendants are Commercial Leasing and Financing Company, Inc., William C. Rozelle and Marbane Investments, Inc. In the course of that proceeding, the property was sold by the sheriff of Lafayette Parish, and it was adjudicated to...

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