CAMERON STATE BANK v. DEMAREST

No. 85-863.

504 So.2d 176 (1987)

CAMERON STATE BANK, Plaintiff-Appellee, v. Larry D. DEMAREST, Victoria Demarest and Edmand Demarest, Defendants-Appellants.

Court of Appeal of Louisiana, Third Circuit.

Writ Denied May 8, 1987.


Attorney(s) appearing for the Case

Leithead, Scott, Boudreau, Myrick & Richard, Randall E. Roach, Lake Charles, for defendants-appellants.

Jones, Jones and Alexander, Glenn Alexander, Cameron, for plaintiff-appellee.

Before LABORDE and KING, JJ., and PAVY, J. Pro Tem.


H. GARLAND PAVY, Judge Pro Tem.

This case questions whether Cameron State Bank (plaintiff-appellee) has a valid mortgage on the property of the late Edmand Demarest.

On August 23, 1978, Larry Demarest and his parents, Mr. and Mrs. Edmand Demarest, executed a promissory note for $11,423.40 payable to the bank in installments. This note was for the purchase price of a mobile home for the son. The transaction was substantially completed at that time and funds...

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