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AMERICAN BANK & TRUST CO. ETC. v. F & W CONST.

No. 13498.

357 So.2d 1226 (1978)

AMERICAN BANK AND TRUST COMPANY IN MONROE, Plaintiff-Appellee, v. F & W CONSTRUCTION, INC., Defendant-Appellant.

Court of Appeal of Louisiana, Second Circuit.

Rehearing Denied May 10, 1978.

Writ Refused June 30, 1978.

Attorney(s) appearing for the Case

Charles H. Ryan, Monroe, for defendants-appellants Curtis Matlock, Wallace Plumbing Co., Inc., Key Millwork and Supply, Inc., Century Ready-Mix Co., Inc. and Architectural Clay Products, Inc.

Boles, Mounger & Hallack by Joe H. Dixon, Jr., Hayes, Harkey, Smith & Cascio by Joseph D. Cascio, Jr., Monroe, for plaintiff-appellee American Bank & Trust Co. in Monroe.

Before BOLIN, PRICE and MARVIN, JJ.

En Banc. Rehearing Denied May 10, 1978.*

PRICE, Judge.

This is an appeal by lienholders who contend the trial court improperly ranked their liens inferior to the collateral mortgage executed by the owner to secure advances from appellee, American Bank & Trust Co. in Monroe.

The trial court ruled that since the collateral mortgage foreclosed upon by American Bank was recorded prior to the date the first material was...

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