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IN RE MITCHELL

NO. 87-C-1494.

519 So.2d 764 (1988)

In re Tutorship of Angela Marie MITCHELL. James B. HALLEY, Undertutor v. FIRST FINANCIAL BANK.

Supreme Court of Louisiana.

Rehearing Denied February 11, 1988.

Attorney(s) appearing for the Case

Trudy H. Oppenheim, New Orleans, for applicant.

Fred Strong, Scoggins, Strong & Kuhner, New Orleans, Rodney Madere, Metairie, for respondent.

WATSON, Justice.

When settlement of a minor's claims for personal injuries was approved, the judgment required deposit of the net proceeds in a homestead and court permission for all withdrawals. Claiming ignorance of the terms of the judgment, the homestead association, now a bank, placed the minor's funds in a "special savings certificate"; loaned money to the minor's tutrix individually, using the savings certificate as collateral; and then seized the minor's savings...

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