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THREE RIVERS FARM SUPPLY v. LOUISIANA CENT.

No. 23268-CA.

595 So.2d 351 (1992)

THREE RIVERS FARM SUPPLY, INC., Plaintiff-Appellee, v. LOUISIANA CENTRAL BANK, et al., Defendants-Appellants.

Court of Appeal of Louisiana, Second Circuit.

February 26, 1992.

Attorney(s) appearing for the Case

William F. Gandy, Jr., Lafayette, for Louisiana Central Bank.

H. James Lossin, Sr., Jonesville, for A.L. Moore, Jr.

Brent Stafford Gore, Ferriday, for Three Rivers Farm Supply.

John Durham Crigler, St. Joseph, for Michael & Claudia Martien.

Before SEXTON, NORRIS and HIGHTOWER, JJ.

HIGHTOWER, Judge.

Louisiana Central Bank appeals a determination that the encumbrances of three intervenors outrank its collateral mortgage on property seized by writ of fieri facias. For the reasons hereinafter expressed, we reverse.

FACTS AND PROCEDURAL HISTORY

Michael and Claudia Martien, by act under private signature dated June 22, 1983, executed a collateral real estate mortgage securing a promissory note of that date, due on demand at Louisiana...

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