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SANDELL, INC. v. BAILEY

Docket No. 6576.

193 Cal.App.2d 518 (1961)

14 Cal. Rptr. 347

SANDELL, INC. (a Corporation), Respondent, v. JOHN B. BAILEY, Appellant.

Court of Appeals of California, Fourth District.

June 29, 1961.

Attorney(s) appearing for the Case

Kimble, Thomas, Snell, Jamison & Russell and Burke & La Rue for Appellant.

Rowell, Lamberson & Thomas for Respondent.

GRIFFIN, J.

Plaintiff and respondent Sandell, Inc., a corporation, brought an action in the Superior Court of Fresno County against defendant, appellant and petitioner herein, John B. Bailey, upon a promissory note executed by him in the sum of $50,000. It was given for a loan by plaintiff Sandell, Inc., to Bailey, with an option to purchase stock of the Cleary Oil Company, Ltd., a corporation in which defendant and...

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