Legal Opinion
Baker v. Philbin
California Court of Appeal
Decided May 8, 1950No. Civ. 17389PublishedCited by 6 opinions
1Opinion of the CourtDrapeau, J.
Edward Schulz made an offer to buy Camp Anza from the War Assets Administration, and deposited $2,500 to bind the bid. The purchase price was $510,000. He had to have $99,500 to make his down payment. He was a man of limited finances, and quite likely was greatly surprised when the government notified him that his bid was to be accepted. Most certainly he was exceedingly disturbed. For, unless he could raise the down payment he stood to lose $2,500. So he immediately commenced a search for capital.
In his search he met plaintiffs, who told him they would raise the money for a 5 per cent…
2Cases cited5 opinions
- Imperial Ice Co. v. RossierCalifornia Supreme Court · 1941
- Union Collection Co. v. BuckmanCalifornia Supreme Court · 1907
- Silver v. ShemanskiCalifornia Court of Appeal · 1949
- City Street Improvement Co. v. PearsonCalifornia Supreme Court · 1919
- Hart v. Kanaye NagasawaCalifornia Supreme Court · 1933
3Cited by6 opinions
- Louisville Title Insurance v. Surety Title & Guaranty Co.California Court of Appeal · 1976
- Warfield v. RicheyCalifornia Court of Appeal · 1959
- Enslow v. Von GuenthnerCalifornia Court of Appeal · 1961
- Dominguez Estate Co. v. Los Angeles Turf Club, Inc.California Court of Appeal · 1953
- Cuenin v. LakinCalifornia Court of Appeal · 1956
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