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TECHE BANK & TRUST CO. v. ALBERT

No. 89-1238.

579 So.2d 1231 (1991)

TECHE BANK & TRUST COMPANY, Plaintiff-Appellant, v. Wilbert ALBERT and Betty Jane Granger Albert, d/b/a Wilbert Albert's Shell Station, Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

May 22, 1991.

Attorney(s) appearing for the Case

George W. McHugh, Jr., St. Martinville, for plaintiff-appellant.

Strain, Dennis, Ellis, Mayhall & Bates, Robert P. Brenham, Lafayette, for defendants-appellees.

Before DOMENGEAUX, C.J., and GUIDRY and LABORDE, JJ.

DOMENGEAUX, Chief Judge.

Plaintiff, Teche Bank & Trust Company, loaned money in 1982 to Wilbert Albert and Betty Jane Granger Albert, who were doing business as Wilbert Albert's Shell Station. The debt was evidenced by a promissory note and secured by a mortgage on two parcels of land. The Alberts experienced financial difficulties and attempted to work out an agreeable settlement of their debts with Teche Bank in 1987. Unfortunately, the Alberts had granted a...

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