· 12/18/1916
Fandal v. Baer
Citations
- 14 Teiss. 117
- 1916 La. App. LEXIS 136
Syllabus
<p>Syllabus.</p> <p>Where the holder of two (2) notes, secured by the same mortgage, assigns one of them, he cannot come in competition with the holder of the note assigned in the distribution of the price of sale of the property mortgaged if it is insufficient to pay both notes.</p> <p>Attorney’s fees become due when the holder of the note must employ counsel to collect his note.</p>
Judges: Claiborne
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.