Michael J. Downing and Sandra M. Downing - Page 14

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               who declared under oath unto me, Notary, that he has been              
               married but once and then to Sandra Martinolich Downing with           
               whom he lives and resides; from whom he is separate in                 
               property by virtue of a marriage contract which is recorded            
               in the Parish of Jefferson, in the conveyance records; * * *           
          The marriage contract was attached to the act of sale, which was            
          filed in the conveyance records of Jefferson Parish on October 8,           
          1991.7                                                                      
               Petitioners’ renovation work on the Newman property,                   
          included painting, roof, carpeting, and doors.  On November 15,             
          1993, Michael sold the Newman property for $93,500.  The check              
          for the net proceeds from this sale, in the amount of $31,307.06,           
          was made out solely to Michael.  Petitioners spent $1,600 to                
          $2,000 of this amount before January 1, 1994 and the remainder of           
          the $31,307.06 by the end of 1994.                                          
               On March 24, 1995, Michael bought for $180,000 a house on              
          Metairie Court Parkway (hereinafter sometimes referred to as the            
          Metairie Court property) in Jefferson Parish.  The Metairie Court           
          property has been petitioners’ residence since March 1995.                  
          Michael made a downpayment of $5,000 and financed the remainder             
          initially through Mark Margavio and then through Sanderson at 10            


               6(...continued)                                                        
          together in Jefferson Parish, Louisiana”.                                   
               7  The parties stipulated that this filing was “in the                 
          conveyance records of St. Tammany Parish”.  However, on brief the           
          parties’ statements are to the effect that this Oct. 8, 1991,               
          filing of the Newman property act of sale, with marriage contract           
          attached, was in the Jefferson Parish conveyance records.  Also,            
          the Newman property was in Jefferson Parish.  Under the                     
          circumstances, we conclude that the parties’ stipulation on this            
          point was in error and our finding reflects that conclusion                 
          rather than the parties’ stipulation.                                       


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