Daniels v. Chandler

DOMENGEAUX, Judge.

Jacob J. Daniels and Yvonne Daniels commenced these proceedings against Lynn Chandler to recover a sum of money they allege they loaned the defendant. The Daniels contend that on or about August 17, 1983 they loaned Chandler $4,400.00. Chandler maintains that the $4,400.00 he received from the Daniels was not a loan, but rather, was an investment in his construction business.

The Trial Court concluded that the transaction between the Daniels and Chandler was a loan. The Court rendered judgment in favor of the Daniels for $6,199.50. The judgment included the principal amount…