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FIRST GUARANTY BANK v. ALFORD

No. 11973.

359 So.2d 700 (1978)

FIRST GUARANTY BANK v. C. D. ALFORD et al.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied June 12, 1978.

Writ Granted June 30, 1978.

Attorney(s) appearing for the Case

John Feduccia and Tom H. Matheny, Hammond, for First Guaranty Bank, plaintiff-appellant.

Arthur W. Macy, Hammond, for Dr. C. D. Alford, defendant-appellee.

E. Wade Shows and Ben Miller, Jr., Baton Rouge, for Mrs. Margaret W. Alford, defendant.

Before LOTTINGER, EDWARDS, and PONDER, JJ.

EDWARDS, Judge.

The pleadings, exhibits, affidavits and depositions in the record establish the following pertinent facts, which are not in dispute.

On April 30, 1973, Dr. C. D. Alford and Mrs. Margaret W. Alford (husband and wife) both signed three documents: a collateral mortgage note in the amount of $155,000; a collateral mortgage in the same amount on a certain piece of immovable property which was Mrs. Alford's separate property; and a written act of...

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