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GUNTERT v. CITY OF STOCKTON

Docket No. 14752.

55 Cal.App.3d 131 (1976)

126 Cal. Rptr. 690

RONALD M. GUNTERT et al., Plaintiffs and Respondents, v. CITY OF STOCKTON, Defendant and Appellant.

Court of Appeals of California, Third District.

January 12, 1976.

Attorney(s) appearing for the Case

COUNSEL

Monroe Langdon and Paul F. Mordy, City Attorneys, Perry H. Taft, Assistant City Attorney, Wilson & Hoslett and John A. Wilson for Defendant and Appellant.

Brobeck, Phleger & Harrison, Malcolm T. Dungan, Thomas A. Welch and Jeffrey S. Kingston for Plaintiffs and Respondents.

OPINION

FRIEDMAN, Acting P.J.

Plaintiff Guntert and two wholly owned corporations operate a steel construction and machinery business on a seven-acre tract called Banner Island leased from the City of Stockton. A clause of the lease permits termination by the lessor on 18 months' written notice when and if the city decides to accept a bona fide development offer from third parties.1 In March 1972 the city...

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