Court Opinion

ID: 7188479
Source: CourtListenerOpinion
Date Created: 2022-07-24 16:54:38.373783+00
Date Added: 2024-06-11T16:16:07.865231
License: Public Domain

Howell, J.
The plaintiff alleges that prior to 1841 Champomier & Giraud, commercial partners, made a cession of their property to their creditors; that he was placed on their hilan as a creditor for two sums, evidenced by notes of Giraud indorsed by the firm and secured by mortgage on certain property which was sold, and the proceeds thereof allowed and paid him as a credit on his claim upon a tableau of distribution, which was homologated on the twenty-eighth January, 1841; that said notes are lost, but are merged in the said judgment of homologation; he is a judgment creditor of defendant for said claim; that the defendant lias come to better fortune and is possessor of a large estate; that in the beginning of the late rebellion defendant promised to pay said claim, if successful in certain cotton operations then pending, in which he was successful; that defendant now resides in France, but has property here, and he prays for a writ of attachment and for judgment for said two sums, with interest, less the credit allowed on the twenty-eighth January, 1841.
The answer is a general denial and the prescriptions of five, ten and twenty years. Judgment was rendered sustaining the plea of prescription, and plaintiff appealed.
No exception was made to the ri»ht, form or uncertainty of action.
*578If plaintiff bases his action on tbe notes,’it is prescribed by tbe lapse of five years. If npon tbe judicial acknowledgment of the debt in tbe insolvent proceedings, the claim is prescribed by ten years. If be bo a judgment creditor of tbe defendant, there is no basis for another suit, as this is not a suit to revive a judgment, which was. besides long since prescribed, if it ever existed.
The plaintiff can not urge tbe pendency of the insolvent prooeodings as a suspension of prescription, and, at the same time, ignore the provisions of tbe insolvent laws as to tbe form of proceeding against his ceding debtor. See C. C. 2173; 8 R. 205; 10 An. 255.
It is true tbe State insolvent laws are superseded by tbe bankrupt law of 1867; but we are referred to no provision of law, and we know of none, ''by which the plaintiff is in consequence remitted to bis ordinary remedy on the balance of a claim embraced in tbe insolvent proceedings. To grant him such a remedy would be inconsistent with tbe laws of insolvency and prescription.
As set out in the pleadings, plaintiff’s demand is prescribed, and hence the parol proof of a new promise to pay, was properly excluded.
Judgment affirmed.
Rehearing refused.