Vancil v. Anderson

THOMAS, Justice.

Prior to February 2, 1948 Clyde O. Anderson, the appellant, and Lee Owens were the owners and engaged in the operation of the “Cherry Blossom” in Emmett, Idaho. On February 2, 1948 the appellant entered into a written contract of sale of his undivided one-half interest in the business, together with all furniture, fixtures, goods, wares and merchandise, for the sum of $17,500 to Alva H. Vaneil, the respondent. The respondent also took an assignment of the leasehold rights of the appellant covering the buildings and lands used in connection' with the business and entered into…