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PELICAN HOMESTEAD & SAV. ASS'N v. SEC. FIRST NAT. BANK

No. 87-667.

532 So.2d 397 (1988)

PELICAN HOMESTEAD AND SAVINGS ASSOCIATION Plaintiff-Appellant, v. SECURITY FIRST NATIONAL BANK, et al., Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

Writ Denied December 2, 1988.

Attorney(s) appearing for the Case

Baldwin & Haspel, Malcolm A. Meyer, New Orleans, Neblett, Beard & Arsenault, Robert Neblett, Alexandria, for plaintiff-appellant.

Gist, Methvin, Hughes & Munsterman, John Munsterman, Alexandria, for defendants-appellees.

Before DOMENGEAUX, KNOLL and KING, JJ.

KNOLL, Judge.

Pelican Homestead and Savings Association (hereafter Pelican) appeals a declaratory judgment in favor of Security First National Bank (hereafter Security). The trial court ruled that Security's collateral mortgage on certain immovable property in Rapides Parish had a superior rank to Pelican's two vendors' liens and mortgages on the same property. Pelican assigns as error that the trial court: (1) erred in giving Security's collateral mortgage a superior...

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