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FIRST NAT. BK. OF JEFFERSON PAR. v. CARMOUCHE

No. 86-CA-669.

504 So.2d 1153 (1987)

FIRST NATIONAL BANK OF JEFFERSON PARISH v. Terrel J. CARMOUCHE.

Court of Appeal of Louisiana, Fifth Circuit.

Rehearing Denied April 16, 1987.

Attorney(s) appearing for the Case

Radar Jackson, Betty F. Mullin, Shushan, Meyer, Jackson, McPherson & Herzog, New Orleans, for plaintiff-appellant.

Don M. Richard, Butler, Heebe, Richard & Hirsch, New Orleans, for defendant-appellee.

Robert A. Mathis, Newman, Drolla, Mathis, Brady & Wakefield, Metairie, for appellee.

Before CHEHARDY, GRISBAUM and GOTHARD, JJ.

GRISBAUM, Judge.

This appeal relates to a suit by First National Bank of Jefferson (FNJ), issuer of a letter of credit, against Terrel Carmouche, its customer, for funds expended to finance a letter of credit. From a judgment in favor of the defendant-customer, FNJ appeals. We amend and, as amended, we affirm.

We are called upon to determine two specific issues:

(1) Whether the trial court erred in its finding that the issuing bank should not have...

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