Legal Opinion

Santa Clara Properties Co. v. R. L. C., Inc.

California Court of Appeal

Decided July 3, 1963No. Civ. 20308PublishedCited by 17 opinions

1Opinion of the CourtMolinari, J.

This is an appeal by plaintiffs from a judgment in favor of defendant and cross-complainant adjudging that plaintiffs take nothing by their complaint seeking rescission, or, in the alternative, damages.

The Facts

On August 13, 1959, appellant 1 and respondent entered into a written agreement wherein the former agreed to buy and the latter agreed to sell 25 shares of the common stock of a corporation known as Lakeshore Hi-Fi, Inc. 2 The said agreement consisted of two separate instruments executed at the same time, one entitled “Agreement of Sale” and the other designated as “Addendum to…

2Cases cited55 opinions

  1. People v. NewlandCalifornia Supreme Court · 1940
  2. Estate of PlattCalifornia Supreme Court · 1942
  3. Walsh v. WalshCalifornia Supreme Court · 1941
  4. Estate of RuleCalifornia Supreme Court · 1944
  5. McCluskey v. WareCalifornia Supreme Court · 1944

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3Cited by17 opinions

  1. Fibreboard Paper Products Corp. v. East Bay Union of MacHinists, Local 1304California Court of Appeal · 1964
  2. Tahoe National Bank v. PhillipsCalifornia Supreme Court · 1971
  3. Fashion Fabrics of Iowa, Inc. v. Retail Investors Corp.Supreme Court of Iowa · 1978
  4. Smith v. PRICE'S CREAMERIES, DIV., ETC.New Mexico Supreme Court · 1982
  5. Allen v. SmithCalifornia Court of Appeal · 2002

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