ATAKA AMERICA, INC. v. CRATEO, INC.

Docket Nos. 39802, 41013.

30 Cal.App.3d 315 (1973)

106 Cal. Rptr. 280

ATAKA AMERICA, INC., Plaintiff and Respondent, v. CRATEO, INC., et al., Defendants and Respondents; TIME SAVINGS HOLDING CO., INC., Third Party Claimant and Appellant.

Court of Appeals of California, Second District, Division Four.

January 30, 1973.


Attorney(s) appearing for the Case

COUNSEL

Murray Luftig for Third Party Claimant and Appellant.

Baker, Ancel & Redmond, Irvin E. Sandler and Gerald T. Manpearl for Plaintiff and Respondent.

No appearance for Defendants and Respondents.


OPINION

KINGSLEY, J.

Plaintiff sued Crateo, Inc., on a guaranty given by that defendant allegedly to secure an obligation to plaintiff for goods sold to the codefendant, Nieuw Plywood Co., Inc. An attachment issued, which ultimately resulted in attaching stock owned by Crateo in a corporation known as Time Savings and Loan Association, which stock was pledged with a bank by Crateo as...

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