NEWMAN v. TROY SAV. BANK

No. 80-3772.

664 F.2d 52 (1981)

Peter E. NEWMAN, Plaintiff-Appellee, v. TROY SAVINGS BANK, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

December 14, 1981.


Attorney(s) appearing for the Case

J. B. Kiefer, Louis B. Graham, New Orleans, La., for defendant-appellant.

Sidney A. Cotlar, New Orleans, La., for plaintiff-appellee.

Before COLEMAN, REAVLEY and SAM D. JOHNSON, Circuit Judges.


PER CURIAM:

The facts in this case are stipulated. The appellate argument is concerned with the decision which was rendered on those facts. We affirm.

Newman, a citizen of Louisiana, executed mortgages in rem (no personal liability) which were later assigned to Troy Savings Bank. These mortgages contained language which required the consent of the mortgagee prior to a sale of the property, further providing that consent could not be unreasonably withheld...

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