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FIRST NAT. BANK v. PELICAN HOMESTEAD AND SAV.

No. 88-3171.

869 F.2d 896 (1989)

FIRST NATIONAL BANK OF COLUMBUS, COLUMBUS, GEORGIA, Plaintiff, v. PELICAN HOMESTEAD AND SAVINGS ASSOCIATION, Formerly First Financial Louisiana Savings & Loan Association, Defendant-Third Party Plaintiff-Appellee, v. Robert F. FARMIGONI, Third Party Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

April 13, 1989.

Attorney(s) appearing for the Case

Archie Creech, Frank G. DeSalvo, New Orleans, La., for appellant.

Alan J. Robert, Gonzales, La., Monica T. Surprenant, Metairie, La., for appellee.

Philip A. Franco, New Orleans, La., for Noel, et al.

Judy L. Burnthorn, William E. Wright, Jr., New Orleans, La., for Pelican Homestead & Sav. Assoc, (formerly FFLSLA).

Before THORNBERRY, GEE and POLITZ, Circuit Judges.

PER CURIAM:

The plaintiff First National Bank of Columbus ("FNBC") originally sued the defendant/third party plaintiff/appellee Pelican Homestead and Savings Association's predecessor corporation, First Financial of Louisiana Savings and Loan Association ("Pelican"1) for payment on a letter of credit Pelican issued in favor of FNBC. Pelican later filed a third party complaint against one of its loan officers, Robert Farmigoni, alleging...

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