TEACHER v. LEDDEL

Docket No. 30527.

247 Cal.App.2d 95 (1966)

55 Cal. Rptr. 271

ISADORE TEACHER, Plaintiff and Respondent, v. HARRY LEDDEL, as Executor, etc., Defendant and Appellant.

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

December 8, 1966.


Attorney(s) appearing for the Case

Bernfeld & Cohen and Lee J. Cohen for Defendant and Appellant.

Brown, Grisham & Cawyer and Roy J. Brown for Plaintiff and Respondent.


LILLIE, J.

In March of 1962 plaintiff purchased from decedent Tenenbaum, a friend of many years, 999 shares of the capital stock of Jewelry Discount Corporation, paying therefor the sum of $99,000. In September of the same year, for reasons subsequently appearing, plaintiff became dissatisfied with his investment; at that time he had a conversation with decedent, asking the latter to repurchase the stock. According to plaintiff, Tenenbaum agreed to the repurchase...

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