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BERNARD v. PIKE BURDEN, INC.

Nos. 14185, 14186.

401 So.2d 1218 (1981)

Sherman A. BERNARD, As Rehabilitator of First Republic Life Insurance Company v. PIKE BURDEN, INC., et al. Al J. RANSOME and Marie D. Ransome v. SPECIAL DEVELOPMENT, INC., et al.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied August 25, 1981.

Attorney(s) appearing for the Case

David Donn Moss, Baton Rouge, for plaintiff-appellee Sherman A. Bernard as Rehabilitator of First Republic Life Insurance Co.

J. Arthur Smith, III, Baton Rouge, for plaintiff-appellee Special Development, Inc. (assignee).

James D. Caldwell, Baton Rouge, for defendants-appellees Unemployment Compensation Control Sys. and Pike Burden, Inc. and for defendant-appellant Al J. Ransome.

Ralph Brewer, Baton Rouge, for defendants-appellees John C. Anderson, Lawrence R. Anderson, and Jack Roberts.

Before ELLIS, COLE and WATKINS, JJ.

COLE, Judge.

Sherman Bernard, as rehabilitator for First Republic Life Insurance Company, was holder and owner of a $58,404.16 promissory note made by Al J. Ransome and Pike Burden, Inc., endorsed by attorneys John C. Anderson, Lawrence R. Anderson, Jr. and Jack Roberts, Jr.1 Bernard filed suit on the note, naming the two makers and three endorsers defendants. He sought recognition of a collateral...

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