Saragusa v. Dipaola

247 So. 2d 400, 1971 La. App. LEXIS 5993
CourtLouisiana Court of Appeal
DecidedApril 19, 1971
DocketNo. 8302
StatusPublished
Cited by3 cases

This text of 247 So. 2d 400 (Saragusa v. Dipaola) is published on Counsel Stack Legal Research, covering Louisiana Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Saragusa v. Dipaola, 247 So. 2d 400, 1971 La. App. LEXIS 5993 (La. Ct. App. 1971).

Opinion

LOTTINGER, Judge.

This is an action to have a sale of real estate set aside, and in the alternative to recover damages for the fraudulent transfer of certain real estate. From a judgment sustaining an exception of no right nor cause of action, the plaintiff has appealed.

The record points out that on August 31, 1963, Philip J. Saragusa and Sam Dipaola entered into the following agreement, to-wit:

“BE IT KNOWN by these presents that Philip J. Saragusa and Sam Dipaola do hereby voluntarily dissolve the partnership existing between them known as Independence Sand & Gravel Company;
That the said Philip J. Saragusa has sold all of his undivided right, title and interest in and to the assets of the said company for the price and sum of $12,-900.00; that in effecting the said sale, the land was appraised at and sold to Sam Dipaola for $7,000.00 (of which $3,-500.00 was paid to the said Philip J. Saragusa).
Accordingly, it is agreed between the parties that after the said Sam Dipaola discontinues his sand & gravel operations on the said real property, the said property will be sold; and should more than $7,000.00 be realized from the sale of the said property alone, less all expenses of sale, the excess received therefrom shall be distributed equally between the said Sam Dipaola and Philip J. Saragusa.
The property involved is a tract of land comprising eighty-one (81) acres, more or less, situated in Section 40, T5SR7E., Tangipahoa Parish, State of Louisiana, acquired by the parties herein in COB 213, page 544.
“THUS DONE AND SIGNED in the presence of me, Notary, and the undersigned competent witnesses on this 31st day of August, 1963.
WITNESSES:
/s/ Mildred D. Lupe
/s/ Matilda B. Patanella
/s/ Philip J. Saragusa Philip J. Saragusa
/s/ Sam Dipaola Sam Dipaola
/s/ Joseph D. Lupo Joseph D. Lupo, Notary Public”

[402]*402On the same date, Philip J. Saragusa transferred to Sam Dipaola all of his undivided rights, title and interest in and to the property in dispute. He reserved his portion of the mineral rights excluding the dirt, sand and gravel. The recited consideration was $3,500.00.

On April 12, 1969, Sam Dipaola sold to Ludwig Bandaries, Jr., the property in dispute. In this sale all minerals, including the right of ingress and egress to remove sand and gravel was reserved for a period of ten years. The consideration recited was $6,500.00.

Saragusa contends that he either had a purchaser ready and willing, or that Saragusa individually, was ready and willing to pay $165.00 per acre for the property, and the defendant, Dipaola, was informed of this. J.f the property was sold for $165.00 an acre, a total price of $13,365.00 would be realized, or a profit to Saragusa under the agreement of $3,182.50. It is further contended that the agreement between Saragusa and Dipaola dissolving their partnership was recorded.

Saragusa contends that Bandaries, the purchaser of the property, either knew or had constructive knowledge by reason of the recordation of the agreement standing against the property that the sale from Dipaola to Bandaries was an act of violation and violative of the agreement. The plaintiff therefore contends that the defendants in concert acted together to tortiously deprive the plaintiff of the profits that he could realize from the property. To this petition the defendants filed an exception of no cause nor right of action. The plaintiff’s petition reads as follows:

-1-
“That Sam Dipaola is of the lawful age of majority and is a resident of the Parish of Tangipahoa, State of Louisiana and is hereinafter referred to as defendant.
-2-
That Ludwig Bandaries, Jr., is of the lawful age of majority, a resident of the Parish of Tangipahoa, State of Louisiana and is hereinafter sometimes referred to as defendant.
-3-
Your petitioner shows that he is entitled to have the sale from Sam Dipaola to Ludwig Bandaries, Jr. set aside, annulled and avoided. That the sale of the property is contrary to and in contravention to one certain agreement authentic in form prepared August 31, 1963 and made part hereof as plaintiff’s exhibit no. 1.
-4-
Your petitioner shows that by virtue of said agreement that he is entitled to half of all sums over $7,000.00 realized from the sale of the property in question, consisting of the following property:
‘Eight-one acres more or less, situated in Section 4 T 5 S R 7 E Tangipahoa Parish, State of Louisiana acquired by the parties herein by deed of record in conveyance book 213 page 544 of the records of the Parish of Tangipahoa, State of Louisiana’
-5-
Your petitioner shows that the defendant purchaser of the property knew or had constructive knowledge by reason of the recordation of the agreement standing against the property and that therefore any sale between Sam Dipaola and the defendant was an act of violation and was violative of the agreement hence null and void.
-6-
Your petitioner verily believes and therefore alleges that the property in question is reasonably valued at the sum of $165.00 per acre and that he will purchase and/or has a purchaser ready and willing to pay the sum of $165.00 per acre for the property, to the knowledge of the defendant, Sam Dipaola and that after your petitioner contacted the defendant, Sam [403]*403Dipaola telling him that he would buy and/or had a buyer who would pay the sum of $165.00 per acre for the property the said Sam Dipaola turned around and sold it to the defendant Ludwig Band-aries, Jr., for the sum of $6500.00 and that therefore the defendant has been defrauded and/or cheated out of the difference by half between $7,000.00 and $165.00 per acre price or the sum of $13,365.00, which would net to him the sum of $3,131.67, under the following computation.
-7-
Plaintiff would purchase or had a purchaser ready and willing to pay the sum of $165.00 for 81 acres or a total of $13,-365.00 of which sum under the terms of the agreement petitioner was to receive one-half of all sums over $7,000.00 or one-half of the excess of $6,365.00 or $3,131.67 net.
-8-
Alternatively, if and in the event the plaintiff is not entitled to have this sale annuled, recinded and set aside, then and in that event that he is entitled to have a judgment against the defendants insólido for the sum of $3,131.67 for their violation of the contract and by their acting in combination to defraud and defeat petitioner in the realization of the proper sale for the current market value of the property in accordance with the terms of the agreement.
-9-

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Bluebook (online)
247 So. 2d 400, 1971 La. App. LEXIS 5993, Counsel Stack Legal Research, https://law.counselstack.com/opinion/saragusa-v-dipaola-lactapp-1971.