[DOWNLOAD] "Roseleaf Corp. V. Chierighino" by Supreme Court Of California # eBook PDF Kindle ePub Free
eBook details
- Title: Roseleaf Corp. V. Chierighino
- Author : Supreme Court Of California
- Release Date : January 22, 1963
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
Roseleaf Corporation sold its hotel to Willy Chierighino and his family. The consideration given by the Chierighinos included a note (not involved in this action) secured by a first trust deed and chattel mortgage on the hotel and its furnishings and three notes each secured by a second trust deed on real property owned by Willy.*fn1 The first trust deeds on these three parcels were owned by strangers to this action.*fn2 After the sale of the hotel, those owners caused the three parcels to be sold under powers of sale contained in the first trust deeds. The second trust deeds held by Roseleaf were not protected at the sales and were rendered valueless thereby. Thereafter Roseleaf brought this action to recover the full amount unpaid on the three notes secured by the second trust deeds. The trial court entered judgment for Roseleaf. Defendant Willy Chierighino appeals, contending that Roseleaf's action is limited by section 580a and barred by sections 580b and 580d of the Code of Civil Procedure.