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TEN POINT PROPERTIES, LTD. v. ROUSSEL

No. 86-CA-723.

506 So.2d 179 (1987)

TEN POINT PROPERTIES, LTD. v. Joel R. ROUSSEL.

Court of Appeal of Louisiana, Fifth Circuit.

April 13, 1987.

Attorney(s) appearing for the Case

Emile R. St. Pierre, Destrehan, for defendant/appellant, Joel R. Roussel.

George Ann Hayne Graugnard, Accardo, Edrington, Le Blanc & Golden, LaPlace, for plaintiff/appellee, Ten Point Properties, Ltd.

Before KLIEBERT, BOWES and GOTHARD, JJ.

BOWES, Judge.

Defendant, Joel Roussel, appeals a judgment of the district court recognizing plaintiff, Ten Point Properties, Ltd., as the holder in due course of an installment promissory note in the principal amount of $53,000.00, paraphed "Ne Varietur" for identification, with a pledge agreement of partnership interest in Ten Point Properties; the court further recognized the agreement as a valid pledge; and, finally, the court ordered judgment in the amount of...

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