Baker Bank & Trust Co. v. Chausse

COLE, Judge.

Baker Bank (now First State Bank & Trust) appeals a judgment relieving defendant of his obligation as an endorser on three promissory notes. This suit on the notes and accompanying chattel mortgages was originally filed against two defendants, Donald R. Chausse as endorser and 5601 Millworks, Inc. as principal maker, for the unpaid balance of $17,510.47. Baker Bank, as holder of the notes, sequestered the mortgaged property and proceeded to judgment against 5601 Millworks, Inc. only. Judgment was rendered in the amount prayed for, a writ of fieri facias was issued, the property…