Kenney

Kenney v. Los Feliz Investment Co.

Good Law
1935 Cal. LEXIS 377·2 Cal. 2d 647·43 P.2d 255
Supreme Court of CaliforniaMarch 21, 1935L. A. No. 14301California1,558 words

Opinion

Lead Opinion

Shenk, J.

In this action for declaratory and other relief the plaintiff sought an adjudication of the rights and obligations of the parties under a note and trust deed given by the plaintiff’s predecessor, C. G. Willis, to the defendant and appellant, Los Feliz Investment Company, evidencing and securing deferred payments of the purchase price of an oil producing property at Santa Fe Springs, especially with reference to the application of payments thereon representing proceeds realized from oil and gas produced on the property. Recovery was also sought of various sums alleged to have been paid under duress and protest.

In June, 1931, the case was first tried resulting in a judgment declaratory of the rights and obligations of the parties as contended for by the plaintiff, together with a money judgment in his favor for $26,702.86, with interest. The judgment was reversed. (Kenney v. Los Feliz Investment Co., Ltd., 121 Cal. App. 378 [ 9 Pac. (2d) 225 ].) Prior to the retrial the plaintiff filed an amended and supplemental complaint in which he presented the same issues with respect to the construction of the contract and sought the recovery of all alleged duress payments including those…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.