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FIRST GUAR. BANK v. PINEYWOOD PARTNERSHIP

No. CA 89 1153.

569 So.2d 209 (1990)

FIRST GUARANTY BANK v. PINEYWOOD PARTNERSHIP, et al.

Court of Appeal of Louisiana, First Circuit.

October 16, 1990.

Attorney(s) appearing for the Case

Alton Lewis, Hammond, for plaintiff-appellee.

Arthur Boudreaux, Baton Rouge, for defendant —Russell Maggio.

Joe A. Sims, Hammond, for Dr. Robert Lyon, appellant.

Earl Reynolds, Baton Rouge, for Dr. Clinton C. Aubert.

Before EDWARDS, WATKINS and LeBLANC, JJ.

LeBLANC, Judge.

This is an appeal from a deficiency judgment granted in favor of plaintiff, First Guaranty Bank. Defendants, Dr. Robert Lyon and Pineywood Partnership now appeal from this judgment.

On April 1, 1985, articles of partnership were executed by Mr. Paul Landry, Mr. Clinton Aubert, Mr. Russell Maggio and Dr. Robert Lyon, forming a partnership known as Pineywood Partnership. The articles provided that Paul Landry owned a forty (40%) percent interest...

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