Legal Opinion
Caito v. United California Bank
California Supreme Court
Decided March 3, 1978No. L.A. 30811PublishedCited by 77 opinions
1Opinion of the Court
Opinion
CLARK, J.
United California Bank appeals from judgment declaring the interests of Philip and Theodora Caito in proceeds of a nonjudicial foreclosure of real property to be senior to those of the bank.
From 1952 to 1973, Mr. and Mrs. Caito and A. P. and Marie Caponi were co tenants in a 130-acre farm near Calexico. The Caitos resided in Indiana and the Caponis managed the property until Mr. Caponi was disabled in 1967.
In 1959, to enable the Caponis to borrow $30,000, both Caitos and Caponis executed a $30,000 note in favor of Bank of America, secured by a deed of trust on the farm. The…
2Cases cited18 opinions
- Employers Mutual Liability Insurance v. Pacific Indemnity Co.California Court of Appeal · 1959
- Schoenfeld v. NorbergCalifornia Court of Appeal · 1970
- Smith v. YuleCalifornia Supreme Court · 1866
- Kirby Lumber Co. v. Temple Lumber Co.Texas Supreme Court · 1935
- Shaffer v. McCloskeyCalifornia Supreme Court · 1894
13 more not listed; retrieve them via the Exa API.
3Cited by77 opinions
- Fireman's Fund Insurance v. Maryland Casualty Co.California Court of Appeal · 1998
- Jeffrey Mort Pamela Mort Fred Strefling Jeffrey Tobian v. United StatesCourt of Appeals for the Ninth Circuit · 1996
- Jea Min Han Jae Soon Han v. United StatesCourt of Appeals for the Ninth Circuit · 1991
- Hurley Constr. Co. v. State Farm Fire & Cas. Co.California Court of Appeal · 1992
- Bank of America, NA v. Prestance Corp.Washington Supreme Court · 2007
72 more not listed; retrieve them via the Exa API.