Incorrect Libtool version match

I downloaded the source of some old project. I am trying to create it now:

./bootstrap && ./configure

      

        
        
        
      

    

It works fine, but:

make

/bin/sh ../libtool   --mode=compile g++ -DHAVE_CONFIG_H -I. -I..    -W -g -O2 -DDEBUG -MT rcclexer.lo -MD -MP -MF .deps/rcclexer.Tpo -c -o rcclexer.lo rcclexer.cpp
../libtool: line 415: CDPATH: command not found
libtool: Version mismatch error.  This is libtool 2.4.2, but the
libtool: definition of this LT_INIT comes from an older release.
libtool: You should recreate aclocal.m4 with macros from libtool 2.4.2
libtool: and run autoconf again.

      

        
        
        
      

    

ps this little project page: http://sourceforge.net/projects/rccparser/

Any help?