Louisiana Court of Appeal November 27, 1933, No. 14449. (New Orleans Industrial Canal Land & Harbor Development Co. v. Kohler)

WESTERFIELD, Judge.

This is a suit on a promissory note calling for $500, interest and attorneys’ fees. The de

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fendant pleaded estoppel and res judicata, and challenged the plaintiff’s ownership of the note, and finally set up his exemption from liability upon the ground that the note was given for a subscription to stock of the Equity Finance, Jnc.