Agrico Chemical Co. v. E. K. Painting, Inc.

PONDER, Judge.

Intervenor, Clyde E. Hodges, appealed from the judgment ranking his claim inferi- or to those of two other intervenors.

The issue is the validity of an assignment of accounts receivable under the provisions of La.R.S. 9:3101, et seq.

*38We affirm.

E. K. Painting, Inc., had done some work for Agrico Chemical Company. Because of conflicting claims, Agrico paid $63,300.29 into the registry of the court, making E. K. Painting, Inc. and Eli Kline, a stockholder of E. K. Painting, Inc., defendants.

Louisiana National Bank intervened seeking all the deposits on the basis of an assignment of…