Case Name: Union National Bank vs. Cora A. Slocomb
Court: Louisiana Supreme Court
Jurisdiction: Louisiana
Decision Date: 1882-05
Citations: 34 La. 927
Docket Number: No. 8281
Parties: Union National Bank vs. Cora A. Slocomb.
Judges: 
Reporter: Louisiana Annual Reports
Volume: 34
Pages: 927–927

Head Matter:
No. 8281.
Union National Bank vs. Cora A. Slocomb.
Butler vs. Slocomb, 33 An. 170, re-affirmed and followed.
Where notes are pledged to a bank before maturity, to secure the note of the pledgor, the extension or renewal of the pledgor’s note at its maturity, by substituting a new note, with interest paid in advance, in the ordinary manner of banks, does not extinguish the original obligation or the pledge securing the same.
The new note furnished in renewal of the old was but a continuance of the same obligation, and did not operate a novation, or release, or impair the effect of the original pledge in absence of proof of such intention. 6 M. 430; 4 R. 493; 6 R. 443; 24 An. 193; 1 Evan’s Pothier, No. 559; 4 Marcadé, No. 778.
Judgment affirmed.
APPEAL from the Civil District Court for the Parish of Orleans. Houston, J.
Oarleton Hunt, for Plaintiff and Appellee.
Kennard,-Howe & Prentiss, for Defendant and Appellant.

Opinion:
The opinion of the Court was delivered by
Eenner, J.