Legal Opinion
Louisiana National Bank v. Majella, Inc.
Louisiana Court of Appeal
Decided November 20, 1992No. CA 91 1876Published
1Opinion of the Court
CARTER, Judge.
This is an appeal from a trial court judgment in favor of Premier Bank, National Association1 (Premier) and against defendants, Majella, Inc., Audrey Daisy Douglas, and Kordice Majella Douglas,2 on a promissory note recognizing and maintaining a collateral mortgage affecting certain property in East Baton Rouge Parish.
FACTS
On August 29, 1984, Majella, Inc. executed a promissory note in the principal amount of $166,430.39 in favor of Premier. As security for this indebtedness, each of the individual defendants endorsed the note, executed a “continuing guaranty,” and executed a…
2Cases cited6 opinions
- Lirette v. State Farm Ins. Co.Supreme Court of Louisiana · 1990
- Windham v. Security Ins. Co. of HartfordLouisiana Court of Appeal · 1976
- University Prop. Corp. v. Fidelity Nat. BankLouisiana Court of Appeal · 1986
- Sutton v. Central Gulf Lines, Inc.Louisiana Court of Appeal · 1983
- Gamble v. D.W. Jessen & AssociatesLouisiana Court of Appeal · 1986
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