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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Maxfield v. Burtt, 121 Cal. App. 2d 102 (1953)

Citation
Maxfield v. Burtt, 121 Cal. App. 2d 102 (1953)
Parent Document
Maxfield v. Burtt, 121 Cal. App. 2d 102 (1953)
Jurisdiction
California (state)
Effective Date
1953-11-04

Other Sections in This Document (78)

Full Text

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ing that the monthly payments be continued at $100 per month for another six months’ period. Bichardson agreed to this. Plaintiff paid $100 in August but failed to make his September 1st payment, or any payments thereafter except for a $70 payment on July 1, 1938. Taxes came due and were paid by the Mining Company. A series of letters followed between Bichardson and plaintiff and his attorney A. P. G. Steffes, to the effect that something had to be done about the default. The correspondence terminated on August 2, 1938, the latter being the date when the sellers sent a notice of cancellation of the option agreement to purchase the stock in the Mining Company pursuant to paragraph 10 of the option agreement and demanding that said defaults be cured within 30 days and notifying plaintiff that should he fail to cure the defaults within the 30 days the sellers and the corporation would reenter and take possession of the mining property.