28 La. Ann. 593 | La. | 1876
Manuel A. Montejo, a mortgage creditor of Hose, Allen & Co., obtained an order of seizure and sale against the property mortgaged, and at the sale he and L. E. Generes became the purchasers for the price of §11,360. The sheriff’s returns state, that Montejo retained enough, of the proceeds to satisfy his judgment and costs, and paid to T. D. Hiñe, a mortgage creditor, the sum of twenty-ñve hundred dollars out of the price; at least, this is stated to be a fact in the brief of the plaintiff and appellant. The returns are not in the transcript, which is very defective. It is further admitted, for the purposes of this trial, that “ the certificate of mortgages read on the day of sale and attached, to the writ of seizure and sale disclosed mortgages to a large amount, including those of the seizing creditor and Thomas D. Hine, of rank superior to that of the plaintiff, and that these exceed in amount the purchase price.” The plaintiff’s admission, it is stated, is not to imply that the mortgages existed in fact or were valid, but that they exist prima facie.
There is no evidence to rebut this prima fade.proof, and the plaintiff s
It appears that the plaintiff’s mortgage is a judicial mortgage, and if the defendants’ mortgage was not superior in rank, the plaintiff’s remedy was to claim the proceeds by third opposition, or subsequently by the hypothecary action. C. P., article 679. It is only when there exist, privileges or special mortgages which are preferred to the judgment creditor that the purchaser shall retain the portion of the price necessary to discharge said prior special mortgages or privileges. C. P. 683.
It is therefore ordered that the judgment of the lower court be affirmed with costs of appeal.
