TRAYNOR, J.
On or about December 20, 1946, plaintiff, R.L. Hefferan, entered into a contract to purchase the "Gilray Coffee Shop" from defendant J.R. Freebairn. He paid $20,000 in cash and $35,000 in the form of a promissory note secured by a chattel mortgage. Plaintiff took possession of the coffee shop on January 1, 1947; the escrow was closed on January 7, 1947. Plaintiff gave defendant a check for the inventory about January 27, 1947. On January 28, 1947, he served...
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