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RUDICK CO., INC. v. FIRST NAT. BANK

No. 94-265.

643 So.2d 846 (1994)

RUDICK COMPANY, INC., Plaintiff-Appellant v. FIRST NATIONAL BANK OF LAFAYETTE, et al., Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

October 5, 1994.

Attorney(s) appearing for the Case

Barry Joseph Sallinger, Lafayette, for Rudick Co., Inc.

Wayne Allen Shullaw, Lafayette, for First Nat. Bank of Lafayette, et al.

Frank R. DeGraauw Jr., pro se.

Before LABORDE, THIBODEAUX and WOODARD, JJ.

LABORDE, Judge.

A lending institution signed a commitment letter addressed to a contractor indicating that it would pay the contractor directly for work completed, provided its requests for payment were signed by the architect in charge.

The contractor appeals from an adverse judgment wherein the trial court concluded that the bank's payment of the loan to the building owner extinguished any obligation the bank may...

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