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MEYER v. PAROBEK

Docket No. 4571.

119 Cal.App.2d 509 (1953)

259 P.2d 948

ELMERE B. MEYER et al., Respondents, v. M.E. PAROBEK et al., Defendants; B.H. BALKEMA et al., Appellants.

Court of Appeals of California, Fourth District.

August 4, 1953.

Attorney(s) appearing for the Case

David A. Block for Appellants.

Raymond F. Feist for Respondents.

MUSSELL, J.

The facts are set forth in a stipulation. Plaintiffs were the owners of premises, known as 509, 511 and 515 Vista Way in Oceanside, leased to Dye-Trans Color Photo, Inc., a corporation. Defendants and appellants Balkema, Ostrow and Russell loaned to the corporation the sum of $25,000 and in return received from it a promissory note, secured by a chattel mortgage on the fixtures and equipment of the corporation...

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