People's National Bank v. Duchamp

FRUGÉ, Judge

(dissenting).

It is my belief that the majority of this court has fallen into error in reaching their decision, and for this reason I strongly dissent.

The note is not simply a note payable on demand, but is apparently a note form normally utilized as a hand note in accordance with a collateral mortgage. The note’s terms entail the following: the note was executed at New Iberia, Louisiana, on February 2, 1964, for the sum of $29,400.00. It further states that “On Demand months after date we in solido promise to pay to the order of the People’s National Bank of New Iberia, Louisiana,…