Lockie

Lockie v. Cooperative Land Co.

Good Law
1929 Cal. LEXIS 543·207 Cal. 624·279 P. 428
Supreme Court of CaliforniaJuly 18, 1929Docket No. Sac. 4193.California1,967 words

Opinion

Lead Opinion

Richards, J.

Defendants appeal from a money judgment for $5,074 in favor of plaintiff and respondent, which judgment also decreed that the same should he a special lieunder section 3050 of the Civil Code, and be prior to thlien of a mortgage of the defendants and Olcese and Buchenau, upon lots 670 and. 671, containing forty acres of the Fairmead Colony No. 5 tract in Madera County, and further decreed that said property be sold to satisfy said judgment and lien. The order denying a motion for a new trial is also appealed from, the appeal being taken by the alternative method.

The amended complaint alleges the execution of a contract of sale on December 9, 1912 (recorded February 7, 1913), by the Cooperative Land & Trust Company, predecessor of defendant Cooperative Land Company, by which said company agreed to sell to plaintiff and R. E. Bradley said forty acres for $4,400, $1,100 to be paid down and four promissory notes, for $825 each given for the balance of the purchase price, and upon completion of the payments, interest and taxes and surrender of agreement the purchasers were to receive a good and sufficient deed of said lots 670 and 671 with certificate of title. Soon after the making…

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