STUMPF v. HIBERNIA NAT. BANK

No. 02-CA-1254.

845 So.2d 1133 (2003)

Norman P. STUMPF & Alice C. Stumpf v. HIBERNIA NATIONAL BANK and Stephen F. Damore and XYZ Insurance Company.

Court of Appeal of Louisiana, Fifth Circuit.

April 29, 2003.


Attorney(s) appearing for the Case

Corinne Ann Morrison, James C. Young, Heather M. Valliant, Chaffe, McCall, Phillips, Toler & Sarpy, L.L.P., New Orleans, LA, for Defendant/Appellant, Hibernia National Bank.

Harry C. Stumpf, Gretna, LA, for Plaintiffs/Appellees, Stumpf.

Panel composed of Judges SOL GOTHARD, MARION F. EDWARDS and CLARENCE E. McMANUS.


SOL GOTHARD, Judge.

Defendant, Hibernia National Bank, appeals from the granting of summary judgment in favor of plaintiffs, Norman P. Stumpf and Alice C. Stumpf. For the reasons that follow, we affirm the judgment of the trial court.

Stumpf Drugs, Inc. (hereinafter SDI) operated a drug store. In 1996, SDI obtained a commercial loan from defendant Hibernia. To secure the note, SDI pledged its funds on deposit with Hibernia, and a security interest in its inventory...

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