(Download) "Masterson V. Sine" by Supreme Court Of California In Bank " eBook PDF Kindle ePub Free

March 17, 2021

eBook details

Title: Masterson V. Sine
Author : Supreme Court Of California In Bank
Release Date : January 06, 1968
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 72 KB

Description

TRAYNOR, C.J. Dallas Masterson and his wife Rebecca owned a ranch as tenants in common. On February 25, 1958, they conveyed it to Medora and Lu Sine by a grant deed "Reserving unto the Grantors herein an option to purchase the above described property on or before February 25, 1968" for the "same consideration as being paid heretofore plus their depreciation value of any improvements Grantees may add to the property from and after two and a half years from this date." Medora is Dallas' sister and Lu's wife. Since the conveyance Dallas has been adjudged bankrupt. His trustee in bankruptcy and Rebecca brought this declaratory relief action to establish their right to enforce the option.