> make
Making all in src
make[1]: Entering directory `/devsrc/community/proj.4/src'
make  all-am
make[2]: Entering directory `/devsrc/community/proj.4/src'
if /bin/sh ../libtool --tag=CC --mode=compile gcc -DHAVE_CONFIG_H -I. -I. -I. -DPROJ_LIB=\"/devsrc/proj.4_r1938/share/proj\" -DMUTEX_pthread     -g -O2 -MT PJ_aeqd.lo -MD -MP -MF ".deps/PJ_aeqd.Tpo" -c -o PJ_aeqd.lo PJ_aeqd.c; \
then mv -f ".deps/PJ_aeqd.Tpo" ".deps/PJ_aeqd.Plo"; else rm -f ".deps/PJ_aeqd.Tpo"; exit 1; fi
../libtool: line 474: CDPATH: command not found
libtool: Version mismatch error.  This is libtool 2.4, but the
libtool: definition of this LT_INIT comes from an older release.
libtool: You should recreate aclocal.m4 with macros from libtool 2.4
libtool: and run autoconf again.
make[2]: *** [PJ_aeqd.lo] Error 1
make[2]: Leaving directory `/devsrc/community/proj.4/src'
make[1]: *** [all] Error 2
make[1]: Leaving directory `/devsrc/community/proj.4/src'
make: *** [all-recursive] Error 1