Lucius Quintus Cincinnatus Lamar

Summary

Lucius Quintus Cincinnatus Lamar Marchand v. Griffon — Opinion of the Court

Lafitte having been authorized by her husband and the judge of the district court to borrow money and give a mortgage as security for its payment, upon her separate property, cannot be allowed to prove that the money received on her note was not used for the benefit of her separate property. In other words, that contention is, that by her own acts in relation to the notes and mortgages she should, not having specifically pleaded fraud, be estopped from saying that she did not receive the money, and apply it to her own separate estate.
Source: Wikisource

Lucius Quintus Cincinnatus Lamar Marchand v. Griffon — Opinion of the Court

That where the wife represents to the judge in her application for leave to borrow money that she requires a certain sum, and in order to enable her to realize the same she gave a mortgage on her separate property, and he grants such authority, she is bound by the act of mortgage placed thereon and by the notes secured by such mortgage, after the same leave her possession or control, whether through her husband or otherwise, in the absence of any or all allegations that said notes were obtained by fraud or ill practices on the part of the husband or subsequent holder through him.
Source: Wikisource

Lucius Quintus Cincinnatus Lamar Marchand v. Griffon — Opinion of the Court

In June, 1873, nearly five years after the note in suit became due, Charles Lafitte, the husband of the defendant, obtained a loan of $5,000 on his own individual note from the Merchants' Mutual Insurance Company, a Louisiana corporation, of which he was then a director, and as collateral security therefor pledged this note of his wife, at the same time representing to the company that the interest thereon had been paid to the 4th of January, 1874, although the note itself bore no indorsements of interest paid.
Source: Wikisource

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