Elmquist v. Lock

Plaintiffs were the owners of a restaurant and cocktail bar which defendants wished to acquire, as well as a general on-sale liquor license. Plaintiffs purchased with their own funds the license for $7,087.50 and pursuant to an application filed by plaintiff George M. Elmquist and defendant Del R. Lock, on or about June 23, 1952, there was issued such a license in the names of the applicants for the operation of a business on plaintiffs’ property to be known as Del’s Chuck Wagon. The parties entered into a contract by the terms of which plaintiffs agreed to sell and defendants to buy the…