People v. Clurman

Appellant owned the stock of Gepo Realty Corporation and managed its affairs. In 1939 that corporation made an agreement to sell to one Pierce a parcel of real property in Long Beach. When the appointed day, May 8,1939, came for delivering the deed, Pierce, the purchaser, asserted that there were certain defects in the title to the realty, or encumbrances thereon, and refused to pay the price. One of his objections concerned the alleged existence, uncancelled, of unpaid city tax liens on the property. Pierce’s refusal to close his purchase resulted in a lawsuit which was decided favorably to…