Condaffer v. Hoskinson

DRAPEAU, J. pro tem.*

In 1931 Walter S. Huyek owned a 40-acre ranch near Lompoc, in Santa Barbara Comity, California. He had a trust deed upon the ranch, securing *354the payment of his promissory note for $12,000 and interest. Payments on the debt being in default, the beneficiary directed sale of the real property, as required by the terms of the trust deed.

At this juncture, other members of the Huyck family, a sister-in-law and two brothers, came to Walter’s rescue. They raised the money and paid off the note. Then Walter and his wife conveyed the ranch to the sister-in-law and two brothers, as…