Yellow Pine Lumber Co. v. Maniscalco

Frank A. Blanchard is, and for a number of years has been, the owner of Lot 40 of the Ernest Subdivision, Shreveport, Caddo Parish, Louisiana.

On July 7, 1939, he entered into a written contract with J.H. Harris, Gertrude Harris and Ida Hollis, under which those persons agreed to buy from him and he obligated himself to sell said described lot, together with the house situated thereon, for a total consideration of $1,250. The agreement further recited that $50 of said amount was paid in cash, and that the purchasers would thereafter pay $15 each month until one-half of the purchase price had…