Kahili, Inc. v. Yamamoto

OPINION OF THE COURT BY

ABE, J.

Frank S. Yamamoto, one of the defendants herein, held a sublease to Lot 8, 3071 Pualei Circle, in Honolulu. The sublessors of the premises were Albert M. Felix, Clyde K. Yamamoto and Hiroo Nakao, who had assigned their respective interests to Bishop Trust Co., Ltd. by a trust agreement.

On July 29, 1965, Frank S. Yamamoto granted Clarence Allen Lee and David Jung Hai Lyum an option to purchase the sublease. The instrument was signed by the aforementioned parties and Clyde K. Yamamoto as guarantor. By letter dated June 30, 1966, Kahili, Inc. informed the Yamamotos…