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RAICHART v. PHILLIPS

Docket No. 4806.

120 Cal.App.2d 645 (1953)

261 P.2d 777

VALLI D. RAICHART, as Executrix, etc., Respondent, v. N. GORDON PHILLIPS, Appellant.

Court of Appeals of California, Fourth District.

October 16, 1953.

Attorney(s) appearing for the Case

Eugene M. Elson for Appellant.

Glenn A. Lane for Respondent.

BARNARD, P.J.

This is an action for breach of contract, with a second count for conversion, involving the right to 320 shares of corporate stock.

The defendant Phillips promoted three oil companies, being president of each, the Phillips-Ramsay Oil Company in 1946, the Nelson Phillips Oil Company in 1947, and the Gordon Oil Company in 1949. He became acquainted with the decedent, Dr. Raichart, in 1946, they saw each other frequently, and Dr. Raichart bought...

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