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GREAT AMERICAN INS. CO. v. HIBERNIA NAT. BANK

No. 86CA757.

506 So.2d 186 (1987)

GREAT AMERICAN INSURANCE COMPANY v. HIBERNIA NATIONAL BANK, (f/k/a First Metropolitan Bank).

Court of Appeal of Louisiana, Fifth Circuit.

April 13, 1987.

Attorney(s) appearing for the Case

Alan Dean Weinburger, Robert E. Leake, Jr., New Orleans, for plaintiff-appellee.

Jack A. Ricci, Metairie, for defendant-appellee and third party.

George T. Oubre, LaPlace, for third party defendant-appellant, H.A. Smith, Jr.

Before KLIEBERT, BOWES and GRISBAUM, JJ.

BOWES, Judge.

Great American Insurance Company instituted this suit against First Metropolitan Bank (n/k/a Hibernia National Bank) for the recovery of $30,933.89 plus interest which had been deposited in the name of Henry Smith and assigned or pledged to them, but released by the Bank to Smith notwithstanding receipt of prior notice of the pledge/assignment by Smith to Great American. First Metropolitan filed a third party petition against Smith alleging that Smith...

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