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SAN FERNANDO VALLEY C. OF C. v. THOMAS

Docket No. 19845.

123 Cal.App.2d 348 (1954)

266 P.2d 891

SAN FERNANDO VALLEY CHAMBER OF COMMERCE (a Corporation), Respondent, v. O.D. THOMAS, Appellant.

Court of Appeals of California, Second District, Division Two.

February 18, 1954.

Attorney(s) appearing for the Case

John Martell for Appellant.

George M. Pierson for Respondent.

MOORE, P.J.

Respondent agreed to loan appellant $10,000 to be secured by a trust deed upon certain real property in San Bernardino County. Five thousand of such sum was to be used to pay off an existing trust deed on the property, the balance to be expended for improvements on buildings and a well located on the property. Respondent advanced $5,179.58 to pay off the trust deed and $2,252.27 for materials and labor on improvements. Subsequently, respondent discovered...

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