Bancroft v. Smith

*66TAYLOR, Justice.

On March 1, 1953, plaintiff (appellant) purchased from defendants (respondents) the hotel business conducted in the city of Boise under the name of the Grand Hotel. The purchase price was $27,500. The property sold included all furniture, fixtures, equipment, supplies and fuel on hand used in operating the Grand Hotel together with the right to use the name “Grand Hotel” and including a leasehold interest in the building in which the business was being conducted. The hotel has 54 rooms.

Thereafter appellant brought this action and alleged in his amended complaint (filed May 15,…