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FIRST NAT. BANK OF ABBEVILLE v. GREENE

No. 91-1104.

612 So.2d 759 (1992)

FIRST NATIONAL BANK OF ABBEVILLE, Plaintiff-Appellee, v. Donald GREENE, et al, Defendants-Appellants.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied March 4, 1993.

Attorney(s) appearing for the Case

Roy Lilly Jr, Baton Rouge, for defendants-appellants.

Calvin Woodruff, Abbeville, for plaintiff-appellee.

Before STOKER, YELVERTON and COOKS, JJ.

STOKER, Judge.

This is an appeal from a judgment recognizing certain in rem collateral mortgages on defendants' property which secure two collateral mortgage notes. The main issues in this case are whether there was a proper pledge of the collateral mortgage notes to secure a hand note and whether the hand note was novated without a repledging of the collateral mortgage notes. We affirm.

FACTS

In 1984, Hardy Tractor of Gueydon, Inc. sought financing...

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