LEPOW v. WALKER LAND CO., INC.

No. 8769.

352 So.2d 314 (1977)

Joseph J. LEPOW et al. v. WALKER LAND COMPANY, INC.

Court of Appeal of Louisiana, Fourth Circuit.

November 10, 1977.


Attorney(s) appearing for the Case

Robert T. Wakefield, Newman & Drolla, New Orleans, for garnishee-appellant.

Michael Osborne, Dufour, Levy, Marx, Lucas & Osborne, New Orleans, for plaintiff-appellees.

Before SAMUEL, REDMANN and BOUTALL, JJ.


REDMANN, Judge.

Plaintiff obtained a judgment against Walker Land Company, Inc. and garnished Colonial Bank. Colonial responded that it held $48.28 in checking account balances and 79 notes payable to Walker but that it was a privileged creditor as to those items. It first asserted a notarial act of pledge of the 79 notes to secure a $296,000 note from Walker to itself. It further asserted a second pledge, under the terms of other notes from Walker to itself, of the...

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