SOUTHERN PAC. TRANSP. CO. v. PORT-O-CALL, INC.

No. 6729.

314 So.2d 755 (1975)

SOUTHERN PACIFIC TRANSPORTATION COMPANY v. PORT-O-CALL, INC.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied June 11, 1975.

Writ Refused September 12, 1975.


Attorney(s) appearing for the Case

Chaffe, McCall, Phillips, Toler & Sarpy, Nolan Kammer, James P. Farwell, New Orleans, for plaintiff-appellant.

Gordon, Arata, McCollam & Watters, David S. Cressy, New Orleans, for defendant-appellee.

Before GULOTTA, MORIAL and BEER, JJ.


MORIAL, Judge.

On June 24, 1965, plaintiff-seller, Southern Pacific Transportation Company (SPTC) formerly Southern Pacific Company and defendant-purchaser, Port-O-Call, Inc. (POC), executed a document labeled "Agreement" for the sale of two certain parcels of immovable property situated in the City of New Orleans. The "Agreement" which the parties refer to in their briefs as a "sell-purchase" agreement recited the sale price at $4.72 per square foot as determined...

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