Mariani v. Schonfeld

This is an appeal from a judgment for $37,500 entered upon a jury verdict in favor of the plaintiffs. The cause of action was based on misrepresentations made by defendants in connection with a sale of a business.

Appellants Charles and Sidney Schonfeld sold to respond ents all the stock in the Lincoln Bowl, a corporation, which operated a bowling alley at 319 Sixth Avenue in San Francisco. The contract of sale was signed on October 25, 1950, in which it was agreed that the purchase price was to be $80,000, and if it should become necessary for the sellers to personally finance any part of the…