EXECUTIVE OFFICE CENTERS, INC. v. COURNOYER

No. CA-0078.

433 So.2d 324 (1983)

EXECUTIVE OFFICE CENTERS, INC. v. Henry R.J. COURNOYER.

Court of Appeal of Louisiana, Fourth Circuit.

May 20, 1983.


Attorney(s) appearing for the Case

Vallerie Oxner, Metairie, for plaintiff-appellant.

Richard K. Leefe, Leefe & Roniger, New Orleans, for defendant-appellee.

Before AUGUSTINE, BARRY, and KLEES, JJ.


AUGUSTINE, Judge.

This is an appeal from a judgment issuing an injunction to arrest the seizure and sale of the old Queen and Crescent Building. In December, 1978, Executive Office Centers, Inc. ("Executive") sold the twelve-story office building, located at 344 Camp Street in New Orleans, to Henry R.J. Cournoyer for $1,550,000. Executive received $150,000 in cash and a second mortgage on the property for $341,154.56. The sale was subject to a first mortgage in favor...

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