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MERCHANTS NAT. BANK v. H.L.C. ENTERPRISES

No. 1-582A107.

441 N.E.2d 509 (1982)

MERCHANTS NATIONAL BANK & TRUST COMPANY OF INDIANAPOLIS, Plaintiff-Appellant, v. H.L.C. ENTERPRISES, Inc., d/b/a Trader Vic's, Herbert L. Combs and Barbara A. Combs, Defendants-Appellees.

Court of Appeals of Indiana, First District.

November 9, 1982.

Attorney(s) appearing for the Case

William E. Limeberry, Wilson & Limeberry, Greenwood, for plaintiff-appellant.

Douglas W. Kessler, Gantz, Smart & Kessler, Greenwood, for defendant-appellee Barbara A. Combs.

RATLIFF, Presiding Judge.

STATEMENT OF CASE

Merchants National Bank & Trust Company of Indianapolis appeals the trial court's judgment in its action on three promissory notes, a security agreement, and foreclosure of a mortgage against H.L.C. Enterprises, Inc., d/b/a Trader Vic's, Herbert L. Combs, and Barbara A. Combs. We reverse and remand.

FACTS

In September 1976 Merchants provided a ...

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