Supreme Court of Louisiana May 11, 1908, No. 16,682 (Metropolitan Bank v. Times-Democrat Pub. Co.)

LAND, J.

In January, 1906, the plaintiff entered into an agreement with the defendant for the purchase of the property at the corner of Camp and Poydras streets, city of New Orleans, measuring 60 by 150 feet, at the price of $77,500, of which 10 per cent, was deposited on account, pending the examination of the titles.