Document:

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EXHIBIT 10.3
ACT OF CASH SALEUNITED STATES OF AMERICA

BY:  PALISADE PROPERTIES, INC.STATE OF LOUISIANA

TO:  DIAMOND HOLDING, L.L.C.PARISH OF EAST BATON ROUGE

CASH SALE

     On this 21st day of July, 2000, before me, David H. Garret, a Notary
Public, duly commissioned and qualified in and for the State of Louisiana,
Parish of East Baton Rouge, and in the presence of the undersigned competent
witnesses, personally came and appeared:

     PALISADE PROPERTIES, INC., 6989 Menlo Drive, Baton Rouge, LA 70808, as
Seller, herein represented by Leonard LaPlace, duly Authorized by the Board of
Directors.  PALISADE PROPERTIES, INC. is a Louisiana corporation domiciled in
East Baton Rouge Parish, Louisiana; "Seller"

AND

     DIAMOND HOLDING, L.L.C., 8224 Summa Ave., Ste. B, Baton Rouge, LA 70809,
as Purchaser, herein represented by Thomas H. Normile, a managing member,
"Purchaser".

     The Seller declares that it does by these presents grant, bargain, sell,
convey, transfer, assign, set over, abandon and deliver unto the Purchaser,
here present accepting, and purchasing for itself and its successors and
assigns, and acknowledging due delivery and possession, all and singular the
following-described property ("Property"):

SEE "EXHIBIT A" ATTACHED HERETO FOR PROPERTY DESCRIPTION

     To have and to hold the Property unto the Purchaser, and Purchaser's
successors and assigns forever.

     This sale is made without any warranties of title whatsoever, whether
expressed or implied, not even for the return of the purchase price, or any
part thereof, except for the acts of the Seller or anyone claiming by, through
or under the Seller; (a) this sale is made without any warranty whatsoever as
to the condition or fitness of the Property for any purpose, whether expressed
or implied, not even for the return of the purchase price or any part of it,
including, but not limited to, any warranties against redhibitory defects; and
(b) the Purchaser expressly waives the benefit of any and all such
warranties.  Without limiting the foregoing, the Purchaser declares and
acknowledges that it has had ample opportunity to examine the Property and all
of the improvements located on it in connection with the use to which the
Purchaser intends to make of the Property and of such improvements, that it
accepts the Property and such improvements "as is," "where is" and "with all
faults," including, but not limited to, all environmental vices or defects;
and that it specifically relieves and releases the Seller from any and all
claims for vices or defects in the Property or in any improvements thereon,
whether obvious or latent, known or unknown; and that it specifically and
particularly waives any and all claims or causes of action for redhibition
pursuant to Louisiana Art 2520 et seq. or diminution of the consideration
pursuant to Louisiana Art 2541 et seq., for concealment and/or any other
theory of law.  However, the Seller subrogates the Purchaser in and to all
rights and action in warranty which the Seller has or may have against
previous owners and vendors of the Property, including but not limited to any
recourse the Seller has against a title insurance company under the Seller's
policy of title insurance on the Property.

PURCHASE PRICE

     This sale is made and accepted for and in consideration of Purchaser
transferring to Seller 3,528,000 member shares (an 84% interest) in Diamond
Holding, L.L.C. and other good and valuable consideration which the Purchaser
has paid to the Seller.  Seller acknowledges the receipt of the 3,528,000
member shares in Diamond Holding, L.L.C. and grants full acquittance and
discharge.

     Seller acknowledges that it has received full and adequate consideration
for the Property conveyed.  Accordingly, Seller waives any vendor's lien it
may have and any right to rescind this sale, in whole or in part, for failure
to pay the consideration or any part of it.

PERMITTED TITLE MATTERS

     This conveyance is made and accepted subject to the following restrictive
covenants, servitudes, encumbrances and other matters of public record
("Permitted Exceptions"):

     This sale is subject to a collateral note and mortgage dated the 7th day
of July, 2000, in the amount of one million fifty thousand ($1,050,000)
dollars, recorded in the mortgage records of East Baton Rouge, Louisiana as
original number 996 and recorded in mortgage bundle 1140 at page ___ on the
21st day of July, 2000.

Seller agrees to subordinate the above collateral note and mortgage to
operating loans and construction/permanent loans for the construction of a
critical care facility by the Purchaser.

     By acquiring the Property subject to the Permitted Exceptions, the
Purchaser does not acknowledge the validity or enforceability of those matters
for any purpose, including, but not limited to, interruption of prescription.

MISCELLANEOUS

     The parties declare that all taxes up to and including taxes due in 1999
are paid in full.  Taxes for the year 2000 will be paid by the Purchaser.

     The parties waive the production of mortgage and conveyance certificates
and tax researches and relieve and release the undersigned notaries public
from any liability in connection with this Agreement

     The captions and headings appearing in this sale are for convenience and
reference only and are not intended, to any extent or for any purpose, to
limit or define the text of any section or subsection.

     THUS DONE AND PASSED, on this 21st day of July, 2000, in Baton Rouge,
Louisiana in the presence of the undersigned competent witnesses and me,
Notary

WITNESSES:PALISADE PROPERTIES, INC., SELLER

/s/ Chris GarrettBy      /s/ Leonard J. LaPlace
/s/ Sharon Murphy        Leonard LaPlace

                         DIAMOND HOLDING, L.L.C., PURCHASER
                         By /s/ Thomas H. Normile
                         Thomas H. Normile

/s/ David H. Garrett
NOTARY PUBLIC

<PAGE>
ACT OF CASH SALEUNITED STATES OF AMERICA

BY:  PALISADE PROPERTIES, INC.STATE OF LOUISIANA

TO:  DIAMOND HOLDING, L.L.C.PARISH OF EAST BATON ROUGE

EXHIBIT A

A certain tract of land designated as Tract 2-A-1-A of the former Paul E.
Ranney et al Tract 2, located in Sections 46 and 80 Township 7 South, Range 2
East, Greensburg Land District, East Baton Rouge Parish, Louisiana, and being
more particularly described as follows:

Commence at the point common to the intersection of the northern and eastern
property lines of Tract "1" of the subdivision of the 929.5+ acre unnumbered
Paul E. Ranney, et al tract and the intersection of the western and northern
property lines of the portion of Tract 2-A- 1 of the subdivision of the
929.5+ acre unnumbered Paul E. Ranney, et al tract, said point designated as
POINT OF BEGINNING:

Thence proceed South 0 degrees 15'00"E a distance of 472.46 feet to a point
 and corner;
Thence proceed North 89 degrees 44'24"E a distance of 258.82 feet to a point
 and corner;
Thence proceed North 0 degrees 15'00"W a distance of 114.49 feet to a point
 and corner;
Thence proceed North 89 degrees 44'24"E a distance of 251.79 feet to a point
 and corner;
Thence proceed North 40 degrees 54'16"E a distance of 479.40 feet to a point
 and corner;
Thence proceed South 89 degrees 25'55"W a distance of 833.82 feet to the
 POINT OF BEGINNING.

LESS AND EXCEPT a designated 50' utility servitude beginning at the northwest
property corner extending in an easterly direction along said property line
from POINT OF BEGINNING.

The above described Tract 2-A-1-A contains a total of 5.0 acres, more or less.<PAGE>
EXHIBIT 10.4
LEASE AGREEMENT

LESSOR:                           TENANT:
Pentagon Petroleum, Inc.          Shadows Bend Development, Inc.
200 Lafayette Street              200 Lafayette Street
Baton Rouge, LA. 70821            Suite 750
The Riverview Building            Baton Rouge, LA. 70801

TERMS OF LEASE:  Lease will be as follows:  Month to Month

EFFECTIVE DATE:  January 01, 2001

RENTAL RATE:  One thousand dollars and no cents ($1,000.00) per month payable
in advance on or before the first day of each month, during the term of this
lease.  In addition to all other rights of Lessor, where rent is paid later
than the tenth (10th) day of any month, the rent for that month shall be
increased by five (5%) percent as liquidated damages.  Lessor agrees to waive
any security deposit.  Amount of square footage of offices is 1456 sq. ft.

ACCELERATION CLAUSE:  If tenant shall fail to pay the monthly rent promptly
when due or if tenant shall begin to remove its furniture or property from the
premises (other than in the normal course of business) to the prejudice of
Lessor's Lien, then all rents due under the Lease Agreement shall ipso facto
become immediately due and payable.

NO ASSIGNMENT:  Tenant may not assign this lease, in whole or in part, without
the written consent of the Lessor, which consent shall not be unreasonably
held.

INDEMNITY AGREEMENT:  Tenant shall indemnify and hold harmless the Lessor from
all claims and causes of action arising out of personal injury or property
damage within the confines of the leased premises unless due to a repair that
is Lessor's responsibility.

LESSOR WILL PROVIDE:  Air conditioning and heat during normal business five
(5) days per week (i.e. Monday through Friday), except for legal holidays, and
will pay for all utilities, except for telephone.  Lessor will provide for
carrying out of trash placed in halls and janitorial clean-up for all common
areas such as hallways, bathrooms, elevators, foyers, etc.

SIGNS:  Tenant shall not place any signs in Building, other than those of the
type now used generally throughout the building (i.e. plastic gold colored
lettering), and then only upon the entrance doorways to the leased premises.

REPAIRS AND IMPROVEMENTS:  The Tenant assumes responsibility for condition of
these leased premises and acknowledges that same are in good condition.
Lessor agrees to make all repairs (ordinary and extraordinary) at no cost to
tenant for term of lease.  Improvements to said premises that may be necessary
during the term of this lease, shall be made at Tenant's own cost and expense.
CHAIR MATS:  It is required of Tenant to have chair mats placed for each desk
for carpet protection.

PARKING:  Lessor will provide Tenant with one (1) parking space per employee
in the lot located at the end of Convention Street and River Road.

TERMINATION OF LEASE: Lease shall not be terminated by either party by not
less than thirty (30) days written notice to either party.  If this lease is
terminated then rent will be paid accordingly to a pro rata basis for month.

LITIGATION:  In the event of litigation or arbitration between the two parties
to this agreement, all reasonable costs and attorney fees to enforce this
agreement incurred by the prevailing party shall be reimbursed by the
non-prevailing party.

INSURANCE:  Tenant agrees to maintain statutory workers' compensation
insurance coverage, employers' liability, comprehensive general and automobile
liability insurance coverage.  Certificates shall be issued upon the request
identifying details and limits of coverage as mutually agreed upon between the
parties.  Additional insurance required by the Lessor, if procurable, will be
at the Lessor's expense.

SIGNATURES:  Unless otherwise specified below, the following signatories are
the authorized representatives upon whose decisions and information each party
may rely in performance of this Lease Agreement.  Any information or notices
required or permitted hereunder shall be deemed to have been sufficiently
given to either party if given to these signatories or to such parties and/or
address as they may subsequently designate.

     This Lease Agreement is effective the day and year specified above.

Lessor:                                 Tenant:
Pentagon Petroleum, Inc,                Shadows Bend Development, Inc.
200 Lafayette Street                    200 Lafayette Street
Suite 700                               Suite 750
Baton Rouge, LA 70801                   Baton Rouge, LA 70801
The River View Building                 The River View Building

/s/ Christi Williamson                  /s/ Michael Sciacchetano
01/02/2001                              01/02/2001
Date                                    Date

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