John R. Hansen, Inc. v. Pacific International Corp.

Donworth, J. †

This case is concerned with the respective rights of the seller and the purchaser, who executed a real estate contract on April 30, 1966 for the sale of certain real property situated 2 miles north of Kirkland in King County for a consideration of $899,091, payable in specified periodic installments. Each party is a Washington corporation, whose stock is owned or controlled by one person.

The seller is John R. Hansen, Inc., herein referred to as respondent, whose president is John R. Hansen. The purchaser is- Pacific International Corporation, herein referred to as appellant,…