Legal Opinion

Sterlington Bank & Parrino Eleven v. Dunlap & Kyle Co.

Louisiana Court of Appeal

Decided January 25, 1995No. 26458-CAPublished

1Opinion of the Court

JiLINDSAY, Judge.

The defendant, Dunlap & Kyle Company, Inc., appeals from a trial court judgment awarding the plaintiff, Parrino Eleven, $10,-106.82 for merchandise taken by defendant that was subject to a floor plan mortgage held by the plaintiff. We affirm the trial court judgment.

FACTS

In the early 1980s, J & J Tire Center of Bastrop constructed a new building to house its business. The construction was financed through the plaintiffs, Sterlington Bank and the Parrino Eleven partnership. J & J Tire executed a promissory note for approximately $120,000 to Parrino Eleven, secured by, among…

2Cases cited2 opinions

  1. Peacock's, Inc. v. Shreveport Alarm Co.Louisiana Court of Appeal · 1987
  2. Aldredge v. MosesLouisiana Court of Appeal · 1992

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