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  5. 161 Cal.App.2d 823 (1958)
 

EMPIRE REDWOOD CO. v. HALL

Docket No. 9205.

161 Cal.App.2d 823 (1958)

327 P.2d 227

EMPIRE REDWOOD COMPANY (a Corporation), Plaintiff and Appellant, v. S.J. HALL et al., Defendants and Appellants.

Court of Appeals of California, Third District.

July 3, 1958.

Attorney(s) appearing for the Case

Preston, Falk & Johnson, and Harry W. Falk, Jr., for Plaintiff and Appellant.

Charles R. Bell, Mannon, Brazier & Bell, Walter Lowry, McCutchen, Thomas, Matthew, Griffiths & Greene, Kasch & Cook and Leo Cook for Defendants and Appellants.

SCHOTTKY, J.

In 1949 Empire Redwood Company (referred to hereafter as Empire) held a contract to purchase 26,000 acres of land and the timber thereon. On August 20th of that year Empire and S.J. Hall simultaneously executed several documents pertaining to the land and timber, all as part of one transaction. Empire assigned all of its rights in the purchase contract to Hall. He paid Empire $150,000 and agreed to pay the balance payable under the land purchase contract...

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