Legal Opinion
Guaranty Bank of Mamou v. Fontenot
Louisiana Court of Appeal
Decided November 8, 1989No. 87-78PublishedCited by 2 opinions
1Opinion of the Court
DOMENGEAUX, Judge.
In this suit on a promissory note, defendant, Roland B. Fontenot, appeals the trial court’s dismissal of his reconventional demand on an exception of prescription. We affirm.
On March 24, 1982, Fontenot executed a promissory note and collateral mortgage in favor of Guaranty Bank of Mamou in the principal sum of $78,473.53. Both the note and mortgage were executed to finance a crop duster for use in Fontenot’s business, Fontenot’s Flying Service. On April 15, 1984, the crop duster crashed. After Guaranty applied the insurance proceeds for the *805plane of $45,000.00 to Fontenot’s…
2Cases cited2 opinions
- Brown Shoe Co. v. UnterLouisiana Court of Appeal · 1937
- Maude Sprinkle, Wife of and A. Fred Sprinkle v. Farm Bureau Insurance Companies, Crawford & Company, Adjusters and Pete E. ThomasCourt of Appeals for the Fifth Circuit · 1974
3Cited by2 opinions
- Adams v. First Nat. Bank of CommerceLouisiana Court of Appeal · 1994
- Velez v. CarbonettLouisiana Court of Appeal · 2000