SPOHRER v. SPOHRER

No. 91 CA 1298.

610 So.2d 849 (1992)

Joseph W. SPOHRER, Jr. v. Stephen M. SPOHRER.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied January 11, 1993.


Attorney(s) appearing for the Case

Chris Pierce, W.P. Wray, Jr., Baton Rouge, for plaintiff-appellee Joseph W. Spohrer, Jr.

W. Luther Wilson, Baton Rouge, for defendant-appellant Stephen M. Spohrer.

Before CARTER, LANIER and LEBLANC, JJ.


CARTER, Judge.

This is an appeal from a trial court judgment in a suit on a contract.

FACTS

On January 17, 1984, petitioner, Joseph W. Spohrer, Jr., sold to his nephew, Stephen M. Spohrer, all of the outstanding shares of stock in Spohrer Construction Company, Inc. The recited price and consideration for the sale was $150,000.00. At the time of the sale, Stephen Spohrer paid $100,000.00. A promissory note for $50,000.00, payable to Joseph Spohrer...

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