Legal Opinion
First Nat. Bank of Denham Springs v. South Carolina Ins.
Louisiana Court of Appeal
Decided May 17, 1983No. 82 CA 0789Published
1Opinion of the Court
432 So.2d 417 (1983)
FIRST NATIONAL BANK OF DENHAM SPRINGS
v.
SOUTH CAROLINA INSURANCE COMPANY.
No. 82 CA 0789.
Court of Appeal of Louisiana, First Circuit.
May 17, 1983.
Robert H. Morrison, III, Denham Springs, for plaintiff-appellant: First National Bank of Denham Springs.
Christopher M. Moody, Hammond, for defendant-appellee: South Carolina Insurance Co.
Before LOTTINGER, COLE and CARTER, JJ.
LOTTINGER, Judge.
A narrow issue of commercial law is before us on appeal. Do the words "upon acceptance" in a draft condition a promise to pay and render the draft non-negotiable? The trial court found…
2Cases cited3 opinions
- First National Bank v. Rhode Island InsuranceSupreme Court of Arkansas · 1931
- First National Bank of Denham Springs v. South Carolina Insurance Co.Louisiana Court of Appeal · 1980
- Wachovia B. & T. Co. v. American Bank. Ins. Co. of Fla.Supreme Court of North Carolina · 1966