(Download) "Bard v. Kent" by Supreme Court Of California In Bank # eBook PDF Kindle ePub Free
eBook details
- Title: Bard v. Kent
- Author : Supreme Court Of California In Bank
- Release Date : January 10, 1942
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 51 KB
Description
TRAYNOR, J. The defendant in this action, L. E. Kent, administered the business affairs of Mrs. Ruth Roland Bard, hereinafter referred to as Miss Roland, under a general power of attorney for many years before her death. In 1933, Kent, acting as agent for Miss Roland, leased for five years a parcel of real property owned by her to Cliff Odums and Albert M. Berkson, who constructed a building on the property and installed equipment for the operation of a restaurant named the Cat and the Fiddle. The restaurant failed, and Odums and Berkson abandoned the venture. Thereupon Kent, acting in his personal capacity, together with Howard Hastings and Don Carpenter, organized a corporation, known as the Cat and the Fiddle Company, which assumed the obligations of Odums and Berkson and took over the operation of the restaurant. When this venture likewise proved unprofitable, Kent bought the stock of Hastings and Carpenter in the Cat and the Fiddle Company and continued to pay off the obligations that the company had assumed. Various subleases who thereafter tried to operate a restaurant on the premises were unsuccessful.