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FIRST FEDERAL SAV. AND LOAN ASS'N v. MULLONE

No. 24318-CA.

612 So.2d 1016 (1993)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ROCHESTER (Formerly Ninth Federal Savings and Loan Association of New York City), Plaintiff-Appellant, v. Marsha Williams Mullone, Wife of/and Kerry MULLONE, Jr., Defendant-Appellee.

Court of Appeal of Louisiana, Second Circuit.

January 20, 1993.

Attorney(s) appearing for the Case

Michael H. Piper, Metairie, for First Federal Sav. and Loan, plaintiff-appellant.

Love, Rigby, Dehan & McDaniel by Kenneth Rigby, Shreveport, for Marsha Williams Mullone, defendant-appellee.

Before SEXTON, NORRIS and VICTORY, JJ.

SEXTON, Judge.

Appellant, First Federal Savings & Loan Association, appeals the decision of the trial court which held that a promissory note executed by appellee, Marsha Mullone, had prescribed. We affirm.

On May 25, 1971, Marsha Mullone and her then husband, Kerry Mullone, Jr., executed a promissory note in favor of Bridges Loan & Investment Company, Inc. for the original principal sum of $18,100.00. This...

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