McKenzie v. Bacon
Supreme Court of Louisiana
APPEAL from tlie First District Court, Parish of Caddo. Taylor, J. If the buyer does not pay the price the seller may sue for the dissolution of the sale. C. C. 2561. The dissolving condition is that which, when accomplished, operates the revocation of the obligation, placing matters in the same state as though the obligation had not existed.
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APPEAL from tlie First District Court, Parish of Caddo. Taylor, J. If the buyer does not pay the price the seller may sue for the dissolution of the sale. C. C. 2561. The dissolving condition is that which, when accomplished, operates the revocation of the obligation, placing matters in the same state as though the obligation had not existed. C. C. 2045. A resolutory condition is implied in all commutative contracts, to take effect, in case either of the parties do not comply with his engagements; in this case the contract is not dissolved of right; the party complaining of a breach of the…
1Opinion of the Court
The opinion of tlie Court was delivered by
Poché, J.
This case is the sequel of the controversy between the same parties, which was decided by this court in the early part of last year and is reported in the 40th of Annuals, p. 157.
In that case the demand by plaintiffs involved the dissolution of tbe sale of a cotton plantation oil account, of non-payment of tbe purchase-price, and tlie judgment was in tlieir favor, dissolving the sale to the extent of four-fifths interest therein, allowing to the evicted defendants credit to the extent of four-fifths on the sum ot $5000 originally paid, on…
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