FARRIS, J.
David and Alma Hinds, husband and wife, operated H & H Flying Service, a California corporation. They offered a Cessna 172 airplane for sale for $8,000. American Aviation, Inc. (formerly Northern Aircraft Sales, Inc.) and Clifford Sylvia, its president, were in the aircraft sales business in King County, Washington. In December, 1966, Mr. Sylvia offered to trade 320 shares of stock of Life Insurance Agencies of America, Inc. for the Cessna 172 airplane...
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