SAMUEL, Judge.
On July 15, 1959 Michael (S) Chiantella sold to Mississippi Mud, Inc., certain immovable property, located in the Parish of Jefferson and comprising batture on the bank of the Mississippi River, for a total consideration of $70,000.00. The purchaser paid $19,416.08 of this amount in cash and assumed payment of a balance of $19,583.92 due on a first mortgage note in the original amount of $25,000.00 and the payment of a balance of $11,000.00 due on a...
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