Louis Werner Saw Mill Co. v. White

ODOM Justice.

This is a suit to enforce the resolutory condition. Revised Civil Code, Articles 2045, 2046, 2047. The facts are not disputed. Only a question of law is involved.

According to the agreed statement of-facts, the Louis Werner Saw Mill Company, on June 23, 1930, sold 80 acres of land in Ouachita Parish to E. J. White for $800, of which amount $400 was paid in cash. It was agreed that the balance of the purchase price, $400, would be paid one year from the date of the sale, or on June 23, 1931.

To represent the balance of the purchase price, the vendee gave his note, due in one year,…