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STILL v. PLAZA MARINA COMMERCIAL CORP.

Docket No. 1400.

21 Cal.App.3d 378 (1971)

98 Cal. Rptr. 414

ERNEST M. STILL et al., Plaintiffs and Respondents, v. PLAZA MARINA COMMERCIAL CORPORATION, Defendant and Appellant.

Court of Appeals of California, Fifth District.

November 18, 1971.

Attorney(s) appearing for the Case

COUNSEL

Jack H. Berkowitz for Defendant and Appellant.

Young, Wooldridge, Paulden, Self & Williams and Joseph Wooldridge for Plaintiffs and Respondents.

OPINION

FRANSON, J.*

In 1964 plaintiffs sold to defendant a 9,000-acre parcel of land in Kern County. Part of the down payment was a promissory note in the sum of $326,000, payable on or before October 8, 1968, with interest at the rate of 7 percent per annum. The note contained a provision: "Should suit be commenced to collect this note or any portion thereof, such sum as the Court may deem reasonable...

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