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GUARANTY BANK & TRUST CO. v. QUAD DRILLING CORP.

No. 9397.

284 So.2d 351 (1973)

GUARANTY BANK & TRUST COMPANY v. QUAD DRILLING CORPORATION et al.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied July 5, 1973.

Writ Refused August 31, 1973.

Attorney(s) appearing for the Case

Timothy Higgins and James H. Morrison, Hammond, and Sam Monk Zelden, New Orleans, for appellant.

Iddo Pittman, Jr., Hammond, for appellees.

Before LOTTINGER, ELLIS and CRAIN, JJ.

CRAIN, Judge.

The matter before us involves a suit on a promissory note brought by the holder, Guaranty Bank and Trust Company, against Quad Drilling Corporation as maker, M. H. Sneed, Jr., W. J. Sneed, and the succession representatives of T. L. Mydland, as endorsers. The promissory note in question was for $20,000.00 together with interest at the rate of seven percent per annum from March 15, 1968, payable 60 days after that date. The note further provided for twenty...

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