Lewis

Lewis v. McClure

Good Law
127 Cal. App. 439·1932 Cal. App. LEXIS 373·16 P.2d 166
Court of Appeal of CaliforniaNovember 10, 1932Docket No. 4488.California4,344 words

Opinion

Lead Opinion

Thompson, J.

This suit was brought for damages for fraud alleged to have been exercised in procuring an exchange of properties. The plaintiffs secured a verdict against all of the defendants. A judgment was rendered accordingly. From this judgment several of the defendants have appealed. The McClures failed to appeal and the judgment against, them has become final.

The plaintiffs are husband and wife. They owned a lot in Chico upon which a store building and gas station were constructed. This property was valued at $15,000, and was subject to a mortgage for $2,800. The grocery-store and gas station were operated by the plaintiffs. Their stock of merchandise was worth $3,500. They also owned ten acres of land near Lakeview, Oregon, valued at $500. The brothers, A. Bloomberg and L. Bloomberg, own the Anchor Hotel situated on J Street in Sacramento. They value this property at $150,000. The defendants, H. G. and Gladys F. McClure, held a ten-year lease on the hotel property, which expired February 1, 1940. The rent of the hotel was fixed at $1200 a month. The McClures owned the furniture and equipment of the hotel, which were subject to a chattel mortgage to secure an indebtedness of $2,025 held…

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