Bernard v. Pike Burden, Inc.

COLE, Judge.

Sherman Bernard, as rehabilitator for First Republic Life Insurance Company, was holder and owner of a $58,404.16 promissory note made by Al J. Ransome and Pike Burden, Inc., endorsed by attorneys John C. Anderson, Lawrence R. Anderson, *1219Jr. and Jack Roberts, Jr.1 Bernard filed suit on the note, naming the two makers and three endorsers defendants. He sought recognition of a collateral mortgage note and a collateral mortgage on Ransome’s home, as well as recognition of the assignment of Pike Burden’s accounts receivable.

The trial court granted judgment on the note on February 26,…