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BOSWORTH v. CRESCENT CITY BANK AND TRUST CO.

No. 88-CA-1329.

550 So.2d 268 (1989)

William P. BOSWORTH, Jr. v. CRESCENT CITY BANK and TRUST COMPANY, Walter M. Dabbs and Ray C. Baas.

Court of Appeal of Louisiana, Fourth Circuit.

September 14, 1989.

Attorney(s) appearing for the Case

John L. Hantel, New Orleans, for plaintiff/appellant.

L. Eades Hogue, M. Shawn McMurray, New Orleans, for defendants/appellees.

Before BARRY, KLEES and BECKER, JJ.

BECKER, Judge.

In May of 1985 the plaintiff sold a 1985 BMW 745I to Errol J. Ware of New Orleans for $29,500.00. The terms of the sale called for a $13,000.00 cash down payment, with the balance of $16,500.00 to be financed by Crescent City Bank and Trust and secured by a collateral pledge of a certificate of deposit in that amount belonging to the plaintiff/seller. Additionally the buyer Ware deposited $2,686.61 in cash with the bank to cover the cost of registration...

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