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FOREMAN v. SAUCIER

No. 85-799.

491 So.2d 811 (1986)

Peggy FOREMAN, et al., Plaintiff-Appellee, v. Burke SAUCIER, Defendant-Appellant.

Court of Appeal of Louisiana, Third Circuit.

July 23, 1986.

Attorney(s) appearing for the Case

Preston N. Aucorn, Ville Platte, for defendant-appellant.

C. Brent Coreil, Ville Platte, for plaintiff-appellee.

Before DOMENGEAUX, DOUCET and YELVERTON, JJ.

DOUCET, Judge.

The plaintiffs, Mr. and Mrs. Foreman, sued the defendant, Burke Saucier, to recover a $750.00 loan. The defendant admitted the transaction was originally a loan and that it was not repaid. However, he contends that the $750.00 was later converted into a deposit under an agreement with the plaintiff-wife and her sister to buy defendant's beauty salon business. He further contends that the deposit was earnest money which the buyers forfeited when they...

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