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1880 CORP. v. ATLAS CORP.

Docket No. 25703.

1 Cal.App.3d 326 (1969)

81 Cal. Rptr. 646

1880 CORPORATION, Plaintiff and Respondent, v. ATLAS CORPORATION, Defendant and Appellant.

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

October 31, 1969.

Attorney(s) appearing for the Case

COUNSEL

McCutchen, Doyle, Brown & Enersen, William W. Schwarzer and David M. Heilbron for Defendant and Appellant.

Brobeck, Phleger & Harrison, Gregory A. Harrison, David W. Lennihan and Duncan E. Haynes for Plaintiff and Respondent.

OPINION

DEVINE, P.J.

Plaintiff corporation was awarded judgment in the amount of $1,918,567.38 on a contract of guaranty.

Plaintiff, The 1880 Corporation (herein called 1880), which was wholly owned by Dollar Associates, Inc., had purchased an airplane in 1957 for two and a half million dollars. Negotiations were commenced between 1880 and Transocean Air Lines (herein called TAL), an operating airline, for leasing of the aircraft...

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