CHAN v. ANDERSON

Docket No. 17678.

159 Cal.App.2d 702 (1958)

324 P.2d 289

MAY L. CHAN et al., Appellants, v. LEE ANDERSON et al., Respondents.

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

April 28, 1958.


Attorney(s) appearing for the Case

Hilary H. Crawford and Hilary H. Crawford, Jr., for Appellants.

Lewis P. May and Richard G. Logan for Respondents.


DOOLING, J.

Plaintiffs appeal from a judgment in favor of defendants in an action for declaratory relief. Plaintiffs on May 4, 1954, pursuant to a written agreement executed by the parties purchased from defendants a bait and tackle business together with the stock in trade, for $25,000. The agreement recited that the seller "has an inventory of stock in trade on hand in his place of business at the present time of...

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