HARRIS MORTG. CORP. v. JOHNSON

No. 13141.

383 So.2d 801 (1980)

HARRIS MORTGAGE CORPORATION v. Raymond C. JOHNSON.

Court of Appeal of Louisiana, First Circuit.

February 25, 1980.


Attorney(s) appearing for the Case

James L. Dendy, Baton Rouge, for plaintiff-appellee Harris Mortg. Corp.

Doris Gates Rankin, Baton Rouge, for defendant-appellant Raymond C. Johnson.

Before EDWARDS, LEAR and WATKINS, JJ.


EDWARDS, Judge.

Harris Mortgage Corporation, plaintiff-appellee, filed suit against Raymond C. Johnson, defendant, seeking to acquire Johnson's twenty percent interest in a joint venture involving plaintiff, defendant and others. From a summary judgment granted in favor of Harris Mortgage Corporation, Johnson appealed. We affirm.

On April 24, 1973, the joint venture agreement at issue was executed. Paragraph 7 provides:

"In the event it shall become...

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