Gulf Coast Bank & Trust Co. v. G S & R Properties

|,DECUIR, Judge.

The plaintiff in this deficiency judgment action, Dennis Joslin Company, L.L.C., appeals summary judgment granted in favor of defendants, Gwendolyn Magee, Peter M. Staples, Wilton A. Guillory, Jr., and G *1240S & R Properties. For the following reasons, we affirm.

The original plaintiff in this action, Gulf Coast Bank and Trust Company, was the owner of a promissory note in the amount of $400,000.00 executed on March 19, 1984, between G S & R Properties, a Louisiana partnership, and Pelican Homestead and Savings Association. The original partners who formed G S & R Properties were…