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EXECUTIVE CAR LEAS. CO. OF N. ORLEANS v. ALODEX CORP.

No. 4947.

265 So.2d 288 (1972)

EXECUTIVE CAR LEASING COMPANY OF NEW ORLEANS, Inc. v. ALODEX CORPORATION, Inc.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied July 18, 1972.

Writ Granted September 27, 1972.

Attorney(s) appearing for the Case

Fred P. Westenberger, New Orleans, for plaintiff-appellee.

Greenberg, Cohen & Dallam, Nathan Greenberg, Gretna, for defendant-appellant.

Before CHASEZ, STOULIG, and BOUTALL, JJ.

BOUTALL, Judge.

This is a suit by a lessor for rental payments and other charges arising out of a lease of an automobile. Plaintiff leased defendant a vehicle under what is commonly referred to as an "open-end" lease, whereby lessee can continue the lease as long as desired, and each lease payment provides for a depreciation allowance per month which is totaled and used when the lease expires or terminates, in computing any balance due to lessee by lessor, or due...

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