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IN RE POLIVNICK

Bankruptcy No. 79-00995-JD(A).

8 B.R. 621 (1981)

In re Marvin J. POLIVNICK, Debtor. Luis M. BURRIS and Hae-Kyung Burris, Plaintiffs, v. Marvin J. POLIVNICK, Defendant.

United States Bankruptcy Court, C.D. California.

February 2, 1981.

Attorney(s) appearing for the Case

Luis M. and Hae-Kyung Burris, in pro. per.

Marvin J. Polivnick, in pro. per.

MEMORANDUM OF DECISION

JAMES R. DOOLEY, Bankruptcy Judge.

On or about March 22, 1974 the plaintiffs delivered to the defendant, who was a partner in Liberty Coin Co., 200 Mexican 50 Peso gold coins. In connection with this transaction plaintiff Hae-Kyung Burris and the defendant executed a Memorandum Of Coin Loan Agreement,1 which provided in part as follows:

"It is agreed and understood between Liberty Coin Company...

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