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SOLAR GEN. CONTRACTOR, LTD. v. URBAN REDEVELOPMENTS, INC.

No. 7756.

345 So.2d 558 (1977)

SOLAR GENERAL CONTRACTOR, LTD. v. URBAN REDEVELOPMENTS, INC.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied May 17, 1977.

Attorney(s) appearing for the Case

Tucker, Schonekas & Garrison, Russell J. Schonekas, Louis G. Dutel, Jr., William J. Dutel, New Orleans, for plaintiff-appellee.

Albert J. Huddleston, Kenner, for defendant-appellant.

Before SAMUEL, BOUTALL and MORIAL, JJ.

BOUTALL, Judge.

On January 5, 1973 Solar General Contractor, Ltd. (Solar), entered into an agreement to purchase thirty lots of ground in Chateau Estates, Jefferson Parish, from Urban Redevelopments, Inc. (Urban), for the total price of $772,430.00. At the execution of the agreement, Solar gave Urban a cash deposit of $36,121.50 and a promissory note for $36,121.50 due and payable before January 1, 1975. The agreement provided that upon completion of certain offsite...

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