Supreme Court of Louisiana January 15, 1842 (Seghers v. New Orleans Improvement & Banking Co.)

Martin J.*

The plaintiff sold to the defendants hy a notarial act several lots in the city of New Orleans, for a fixed price, and two thousand and two hundred and sixty shares of the capital stock of the Citizens’ Bank, secured by mortgage on said lots, for which the defendants hound themselves to pay a premium of five dollars per share, on the day on which the said hank should go into operation,