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MARTIN v. BLOSSMAN

No. 14295.

405 So.2d 1157 (1981)

Frank MARTIN and Charles Hall v. A. R. BLOSSMAN, Jr. and Ernest K. Hall.

Court of Appeal of Louisiana, First Circuit.

October 12, 1981.

Attorney(s) appearing for the Case

Galen S. Brown, New Orleans, and David E. Cooley, Jr., Slidell, for plaintiffs-appellees.

Jack A. Blossman, Covington, for defendants-appellants.

Before CHIASSON, EDWARDS and LEAR, JJ.

CHIASSON, Judge.

Plaintiffs, Frank Martin and Charles Hall, filed this civil action against defendants, A.R. Blossman, Jr. and Ernest K. Hall, alleging breach of warranty under an agreement to purchase the capital stock of Successful Distributors, Inc., a Louisiana corporation which owned two discount stores. In the agreement, defendants (sellers) warranted to plaintiffs (buyers) that the total liabilities of the corporation would not exceed the amount shown on the...

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