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SANTA CLARA PROPERTIES CO. v. R.L.C., INC.

Docket No. 20308.

217 Cal.App.2d 840 (1963)

32 Cal. Rptr. 333

SANTA CLARA PROPERTIES CO. et al., Plaintiffs and Appellants, v. R.L.C., INC., Defendant and Respondent.

Court of Appeals of California, First District, Division One.

July 3, 1963.

Attorney(s) appearing for the Case

Arguello, Giometti, McCarthy for Plaintiffs and Appellants.

Jacobs, Sills & Coblentz, William K. Coblentz and Donald M. Cahen for Defendant and Respondent.

MOLINARI, J.

This is an appeal by plaintiffs from a judgment in favor of defendant and cross-complainant adjudging that plaintiffs take nothing by their complaint seeking rescission, or, in the alternative, damages.

The Facts

On August 13, 1959, appellant1 and respondent entered into a written agreement wherein the former agreed to buy and the latter agreed to sell 25 shares of the common stock of a corporation...

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