United States Cold Storage v. Great Western Savings & Loan Ass'n

Opinion

HOLMDAHL, J.

This is an appeal from a judgment of nonsuit after plaintiff’s opening statement. The case concerns notice requirements for foreclosure sales.

The judgment is affirmed.

Statement of Facts 1

Plaintiff United States Cold Storage of California is a corporation engaged in the building and operating of refrigerated warehouses. In 1975, plaintiff sold a refrigerated warehouse to the Sapp family (hereafter, Sapps). The sale price was $3.6 million. Sapps paid $400,000 in cash and borrowed the remaining $3.2 million under the following terms. They obtained from defendant Great Western…