Case Name: Eugenel B. FONTENOT v. HANOVER INSURANCE COMPANY, et al.
Court: Louisiana Supreme Court
Jurisdiction: Louisiana
Decision Date: 1985-03-08
Citations: 465 So. 2d 678
Docket Number: No. 85-C-0055
Parties: Eugenel B. FONTENOT v. HANOVER INSURANCE COMPANY, et al.
Judges: DENNIS, J., dissents from the action.
Reporter: Southern Reporter, Second Series
Volume: 465
Pages: 678–678

Head Matter:
Eugenel B. FONTENOT v. HANOVER INSURANCE COMPANY, et al.
No. 85-C-0055.
Supreme Court of Louisiana.
March 8, 1985.
Reconsideration Denied April 12, 1985.

Opinion:
PER CURIAM.
NO. 85-C-0055 is granted with the following order:
The instrument in question constitutes a pledge and not an assignment. Cf. Scott v. Corkern, 231 La. 368, 91 So.2d 569 (1956). The pledgee is not an indispensable party. American Capital Corporation v. Falk, 181 So.2d 241 (La.App. 4 Cir.1965); cert. den., no error of law, 248 La. 1032, 183 So.2d 653 (1966). Hewitt v. Williams, 47 La.Ann. 742, 17 So. 269 (1894).
The judgment of the court of appeal, 465 So.2d 743 (1984), is reversed and vacated. The case is remanded to the court of appeal for consideration on the merits.
No. 85-C-0076 is denied. 464 So.2d 15 (1985).
DENNIS, J., dissents from the action.