Martel v. Tureaud's Estate
Martel v. Tureaud's Estate
Opinion of the Court
delivered the opinion of the court. In this case the opposing creditors rr o claim a mortgage and privilege on six arpens land, fronting on the Mississippi, having the ordinary depth of forty, and ten slaves,
F°r ^is mortgage and privilege they rely on certain acts passed in notarial form, copies of appear jn the record. The judge of probates decided against these privileges, and from that decision they appealed.
The notarial acts, as exhibited in the record, establish the following facts. In the year
In the year 1823, Vitan being indebted to Martel, and Hulin, the husband of the opponent Joly, gave to them negociable notes, endorsed by Tureaud, payable at specified periods, for the amount which he thus owed to them; and to secure the payment of said notes transferred to the creditors by notarial acts, a part of his mortgage and privilege on the land and slaves, which had been sold and transferred in the manner above stated, to the endorser, who was present, and became a party to the acts by which the transfer of mortgage and privilege took place, and thence promised and assumed to pay said notes which he had endorsed, and which are paraphed ne varie-ter. One of these notes, secured by the transfer of mortgage and privilege to Hulin, came
The claims of all these persons are objected to in tolo, in consequence of alleged default of notice to the endorser. As to the note on which judgment was obtained against him during his lifetime, this objection could surely have no place, unless on suggestion of fraud, which is not made. It is however, without foundation, in our opinion, in relation to all the claims.
It is true, that endorsers, according to the rules of commercial law, are not liable to pay notes or bills of exchange, unless under certain formalities in pursuing them; amongst which, demand of payment from the maker, and notice of refusal, are essential. But the notes in the present case ought not to be sub-
The next objection to the privilege claimed, is based on the want of registry of the note and acts under which the claims are made. The act of^the territorial legislature of 1810, which provides for the registry of mortgages in the offices of the parish judges of the state, does not point out any particular manner in which they must be recorded. The second section of that law seems to require that they should be fully transcribed and placed in numerical order; it classes them with notarial acts; and among them enquirers would consequently examine. Any deed passed before a parish judge in his capacity as notary, relating to property within the limits of his parish, and containing a clause of hypothecation, and where entered at large on his notarial books of record, will answer all intendments of the law, without any transposition by further inscription. Acts transmitted from a different parish, which are hypo-
We are of opinion that these acts have been made and recorded in such a manner as to maintain the lien and privilege on the property sold, to secure payment of the price, and that they have been legally transferred to the opponents in the present case.
It is therefore ordered, adjudged and decreed, that the judgment of the court of pro
Reference
- Full Case Name
- MARTEL & AL. v. TUREAUD'S ESTATE
- Status
- Published