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LION INVESTBANC CORP. v. RIVER PRODUCTS

Nos. 02-CA-481 to 02-CA-483.

831 So.2d 500 (2002)

LION INVESTBANC CORPORATION v. RIVER PRODUCTS, INC., Gary L. Smith, Glen D. Smith, Henry A. Smith, Jr. a/k/a Henry A. Smith and Aquatic Towing, Inc.

Court of Appeal of Louisiana, Fifth Circuit.

October 29, 2002.

Attorney(s) appearing for the Case

Raymond S. Steib, Jr., Gretna, LA, Counsel for Appellant.

Vallerie Oxner, Metairie, LA, Counsel for Appellees.

Panel composed of Judges JAMES L. CANNELLA, MARION F. EDWARDS and CLARENCE E. McMANUS.

JAMES L. CANNELLA, Judge.

Plaintiff, Lion InvestBanc Corporation (Lion), appeals from a judgment dismissing its action to collect on three promissory notes because of abandonment. We affirm.

On July 31, 1989, Lion's predecessor in interest, Pontchartrain State Bank (Pontchartrain), filed three suits to collect certain promissory notes. The Federal Deposit Insurance Corporation (FDIC) had appointed Pontchartrain to receive the assets of Commercial Bank and...

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