LAYTON v. WEST

Docket No. 24920.

271 Cal.App.2d 508 (1969)

76 Cal. Rptr. 507

SHARON A. LAYTON et al., Plaintiffs and Appellants, v. WILLIAM E. WEST et al., Defendants and Respondents.

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

April 7, 1969.


Attorney(s) appearing for the Case

Herbert F. Layton, in pro. per., for Plaintiffs and Appellants.

Blair F. Burton for Defendants and Respondents.


CHRISTIAN, J.

In 1959 appellants Herbert and Sharon Layton took a 15-year lease of respondents' 42-unit apartment building. Appellants agreed both to pay monthly rent to respondents and to service certain encumbrances, of which the senior was held by Crocker-Citizens National Bank. The agreement gave appellants an option to purchase upon tender of a promissory note for an agreed price less the amount of outstanding encumbrances (which were to be assumed by appellants...

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