LESSARD v. LESSARD ACRES, INC.

No. 10960.

340 So.2d 351 (1976)

Joseph I. LESSARD v. LESSARD ACRES, INC., et al.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied December 20, 1976.

Writ Granted February 18, 1977.


Attorney(s) appearing for the Case

Ralph Tureau, Gonzales, for plaintiff-appellee.

Mary Olive Pierson, Baton Rouge, for defendant-appellant.

Before SARTAIN, COVINGTON and LOTTINGER, JJ.


COVINGTON, Judge:

This is an appeal from a judgment ranking the collateral mortgage of the First National Bank of Port Allen after the vendor's privilege and lien of the plaintiff, Joseph I. Lessard. We affirm.

This suit arises out of the interpretation to be placed upon an instrument dated October 30, 1969, entitled "Sale with Assumption of Mortgage and Retention of Second Mortgage," by which the plaintiff, Joseph I. Lessard, sold to Lessard Acres, Inc.,...

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