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GUSTIN v. SHOWS

No. 12890.

377 So.2d 1325 (1979)

Quintin Leroy GUSTIN and Mrs. Mary Ann Alongio Gustin, Plaintiffs and Appellees, v. Ellis A. SHOWS, Mrs. Bonnie Pittman Shows and Shows Enterprises, Inc., Defendants and Appellants.

Court of Appeal of Louisiana, First Circuit.

November 12, 1979.

Attorney(s) appearing for the Case

John Wayne Jewell, New Roads, counsel for plaintiffs-appellees.

Randall C. Songy, Onebane, Donohoe, Bernard, Torian, Diaz, McNamara & Abell, Lafayette, counsel for defendants-appellants.

Before EDWARDS, LEAR and SARTAIN, JJ.

EDWARDS, Judge.

I. FACTS

On June 25, 1973, Quintin Leroy Gustin and Mrs. Mary Ann Alongio Gustin, sold to Ellis A. Shows and Mrs. Bonnie Pittman Shows, the "Rest-A-While Nursing Home" for $125,000.00. The Shows paid $80,000.00 in cash and signed a note for the remaining $45,000.00. The note was secured by a mortgage on the nursing home.

The nursing home was sold by the Shows to Shows Enterprises, Inc., on January 1, 1974. The sale price was $130...

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