Sacramento Baseball Club, Inc. v. Great Northern Baseball Co.

DURHAM, Justice:

Plaintiff sued the guarantors of a contract for delinquent sums owed under the contract. The trial court held that the two documents used by the parties were two contracts and that the second lacked sufficient consideration and therefore could not be enforced. We reverse.

The parties submitted the case to the trial court on stipulated facts. Defendant Great Northern Baseball Company (Great Northern) agreed to buy a baseball franchise from plaintiff Sacramento Baseball Club, Inc. (Sacramento Baseball). Defendants Bain and Job acted as guarantors of the transaction. Subsequent to…