Lippert v. Bailey

The plaintiffs jointly appeal from a judgment entered in favor of defendants Bailey and Marcom.

On January 6, 1956, plaintiffs, E. Lippert and J. Seach, purchased an improved multiple unit property in Los Angeles County. A few days after the purchase, said plaintiffs deeded an undivided one-half interest in the property to B. & J. Lippert. On or about January 1, 1956, defendant Bailey was a licensed general insurance agent doing business under the name of Bailey and Company in the County of Orange. Bailey was an authorized agent for Fireman’s Fund Insurance Company. The defendant Bailey,…