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UNIVERSITY PROP. CORP. v. FIDELITY NAT. BANK

No. CA 85 0411.

500 So.2d 888 (1986)

UNIVERSITY PROPERTIES CORPORATION, et al. v. FIDELITY NATIONAL BANK OF BATON ROUGE.

Court of Appeal of Louisiana, First Circuit.

December 23, 1986.

Attorney(s) appearing for the Case

George L. Clauer, III, Baton Rouge, for plaintiffs-appellants University Properties Corp. and Fred C. Frey.

Ralph E. Hood, Baton Rouge, for defendant-appellee Fidelity Nat. Bank of Baton Rouge.

Before GROVER L. COVINGTON, C.J., and LOTTINGER, EDWARDS, WATKINS, SHORTESS, CARTER, SAVOIE, LANIER, CRAIN, ALFORD, JOHN S. COVINGTON and LeBLANC, JJ.

LANIER, Judge.

This action commenced as a suit for a declaratory judgment by the maker and surety of a promissory note alleging the obligation was null because it was obtained in violation of the Louisiana Deficiency Judgment Act (LDJA), La.R.S. 13:4106 et seq.1 The holder of the note answered and reconvened for judgment on the note for (1) $36,398.83, with interest thereon at the rate...

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