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WRIGHT v. TITLE INS. & TRUST CO.

Docket No. 939.

274 Cal.App.2d 252 (1969)

79 Cal. Rptr. 12

WILLIAM WRIGHT, Plaintiff and Appellant, v. TITLE INSURANCE AND TRUST COMPANY, as Co-executor, etc., et al., Defendants and Appellants.

Court of Appeals of California, Fifth District.

June 24, 1969.

Attorney(s) appearing for the Case

DiGiorgio, Davis, Nairn, Hastin & Klein, DiGiorgio, Davis. Hastin & Klein and Kenneth N. Hastin for Plaintiff and Appellant.

Young, Wooldridge, Paulden & Self, Young, Wooldridge, Paulden, Self & Williams and Rod Williams for Defendants and Appellants.

CONLEY, P.J.

This fiercely fought litigation arose from a plan for the peaceable passage of ownership of the stock of an automobile corporation upon the death of one co-owner. The record shows that each of the two owners of one-half of the stock entered into a written contract in which each gave the other, upon the death of either, the option to purchase the shares of the decedent, and an oral contract whereby each of said persons agreed to provide a policy of insurance...

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