No. 38395.

69 Wn.2d 195 (1966)

417 P.2d 840

HERMAN KATHMAN et al., Plaintiffs, v. CLAIR M. WAKELING et al., Appellants, WILFRED CHAUSSEE et al., Respondents.

The Supreme Court of Washington, Department Two.

September 1, 1966.

Attorney(s) appearing for the Case

MacDonald, Hoague & Bayless, Alec Bayless, and Raymond E. Brown, for appellants.

Torbenson, Thatcher, Stevenson & Burns, by Robert Stevenson, for respondents.


Herman Kathman and Clair Wakeling were partners in a trailer park in Woodinville. They formed a corporation to further develop the trailer park, each partner owning 50 per cent of the stock. Wakeling then offered to purchase Kathman's interest in the corporation and, on March 26, 1962, an agreement was reached. By the terms of this agreement, Wakeling was to purchase Kathman's share for $55,840, evidenced by two promissory...

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