Kelsey v. San Fernando Development Co.

JAMISON, J., pro tem.

This is an action for specific performance of certain contracts for the sale of lots, which plaintiff alleges were sold to him by defendant, ■ California Trust Company, and the full purchase price paid. These lots were a part of Tract No. 9555 situated in Los Angeles County and were owned by defendant Chase.

On October 5, 1926, Chase, by a certain trust agreement, conveyed said tract to the California Trust Company, as trustee, authorizing it to subdivide said tract into lots and to cause same to be sold by the San Fernando Valley Development Company acting as its agent,…