Forde
Forde v. Vernbro Corp.
Opinion
Opinion
Ford, J.
This is an appeal by the plaintiff from a judgment rendered in an action brought by him for a declaration of the rights and obligations of the parties under a written agreement and for other relief. The defendant is Vernbro Corporation.
The defendant corporation erected a medical office building. The plaintiff, Dr. Forde, was one of the original stockholders of the corporation and became a tenant of a portion of its premises. When he became delinquent in payment of rent, in an unlawful detainer action the defendant obtained a judgment against him in January 1960 for possession of the premises and for the sum of $10,982.64. Thereafter Dr. Forde vacated the premises under an agreement in writing which was made later in the same month.
The body of the agreement is as follows: “It Is Hebebt Agbeed by and between Wells E. A. Forde defendant and Vernbro Corp. plaintiff in the matter of Vernbro vs Forde L. A. Superior Court # 733 603 by their respective attorneys that defendant Forde will vacate the premises which are the subject of the said lawsuit on or before January 31, 1960 and further that the stock now owned by defendant in plaintiff’s corporation will be surrendered to…