Guaranty Bank of Mamou v. Boyd

DOUCET, Judge.

This is an appeal from a judgment dismissing a suit against the endorsers of a note.

On November 9, 1982, Annette C. Boyd purchased a 1979 Suns Mobile Home. In order to finance the purchase, she executed a promissory note in the amount of $27,-796.80 payable to Guaranty Bank of Mam-ou (Guaranty). The note was secured by a chattel mortgage of the mobile home to Guaranty. Annette Boyd was the sole maker of the note. It was endorsed by her husband, Danny Boyd, and by her parents, Wanda and Bobby Crisp.

On June 4, 1987, Guaranty filed a “Suit on Note with Recognition of Chattel…