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PHILLIPS v. NEWLAND

No. 1195.

166 So.2d 357 (1964)

Lois B. PHILLIPS et al., Plaintiffs-Appellants, v. John G. NEWLAND et al., Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied July 30, 1964.

Writs Refused October 14, 1964.

Attorney(s) appearing for the Case

Dugas, Bertrand & Smith, by Lucien Bertrand, Jr., and Frank Smith, Jr., Lafayette, for plaintiff-appellant.

Liskow & Lewis, by Charles C. Gremillion, New Orleans, for defendant-appellee.

Before TATE, FRUGÉ and SAVOY, JJ.

FRUGÉ, Judge.

This case and its companion case, No. 1196, Newland v. Curfman, 166 So.2d 362, arose out of the sale of certain shares of stock by John Newland to Charles J. Fontenot, Mrs. Virginia Fontenot, C. C. Eiswirth and Neal Aucoin. Both cases will be discussed in this opinion, but a separate decree will be rendered in No. 1196.

The facts are not in dispute. They are as follows: South College Cleaners, Inc., was...

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