Case ID: la-ann_23/html/0496-01.html
Source: Caselaw Access Project
Author: {"author": "Wyly, J.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

No. 2534.
    Daniel Clark Osborn, Testamentary Executor, et als. v. John C. Osborn et als.
    In a mufc by executory process to enforce the payment- of mortgage notes shown to ho for a mixed consideration, partly for lands, and partly for slaves, an injunction taken out to prohibit the sale on tlio ground that tlie consideration of tlie notes is illegal, will ho dissolved to the extent of the consideration shown to he for the lands, and maintained for that portion of the consideration which is shown to ho for slaves. 21 An. 757, 771
    APPEAL from the Fifth District Court, parish of Orleans.
    
      Leaumont, J. 0. Poselius and Alfred Philips, for plaintiffs and appellees.
    
      H. King Outler, for defendants and appellants.
   Wyly, J.

The defendant, John C. Osboru, has appealed from the judgment perpetuating the injunction sued out by tlie plaintiffs to restrain the execution of an order of seizure and sale obtained by the said defendant, against certain property inherited by them from the late Winuey Hubbard, deceased. Tlie main ground for the injunction was tlie slave consideration of the note, on which the order of seizure and sale was granted. It appears that in 1854, the late Winney Hubbard, from whom the plaintiffs derived title, purchased the undivided half of a plantation, and sixty-five slaves, in the parish of Jefferson, for the price of $40,000; and that the note on which this order of seizure and sale was granted, is the last installment due on said purchase. It is admitted that the value of tlie land was $25,000, and the slaves $15,000, embraced in said sale. There was no conventional imputation of the payments heretofore made, and under the settled jurisprudence of this State, the debt must be apportioned, and can only bo enforced for the part which was not for slaves. This apportionment, under tlie admission of the parties, we fix at $3000, the amount of the note being $5000.' 21 An. 757, 771.

It is therefore ordered that the judgment appealed from be avoided ancl annulled, and it is now ordered that the injunction herein be dissolved so far as to permit the defendants to proceed with the order of seizure and sale to enforce the payment of $3000, the valid part of the mortgage note, with eight per cent, per annum interest thereon from ' the first day of April, 1868, and costs, and in other respects that the injunction be maintained.

It is further ordered that the defendant, John C. Osborn, pay costs of the injunction, and that the plaintiffs pay costs of this appeal.